576 HORTON STREET E, London East (East K)

$199,900

For sale: Vacant Land

Vacant Land at 576 HORTON STREET E, London East (East K)
Property type
Vacant Land
Living area
1,500 sqft
MLS®
MLS® X13500424
Neighbourhood
East K

Build your vision on this exceptional vacant lot in an established London neighbourhood. Previously home to a residential dwelling, the property has been cleared, demolished, and backfilled, creating a rare opportunity for redevelopment. Municipal services including water, sewer, hydro, and natural gas have previously been connected to the property, offering added convenience for future development. Zoned L12, this property presents exciting potential for a variety of future uses, subject to all municipal approvals and buyer due diligence. Ideally situated close to downtown, public transit, parks, schools, shopping, and everyday amenities, this is an outstanding opportunity for builders, investors, and those looking to create something new in a growing area of the city. Buyer to verify zoning, permitted uses, servicing, building requirements, development charges, and all future intended uses with the appropriate authorities.

Sold data

Vacant Land homes in London East (East K) — recent sold market

Vacant Land homes in London East (East K) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 68, across 65 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.

The median sale price was $649,900.

Homes sold for about 2.2% below asking on average, so there was room to negotiate.

About 11% of sales closed above the list price.

Around 18% of sellers reduced their price before finding a buyer.

Median days to sell
35
Median sale price
$649,900
Sale-to-list ratio
97.8%
Sold above asking
11%

Based on 65 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East K)

London East (East K) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London East (East K)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 576 HORTON STREET E