586 VICTORIA STREET, London East (East B)

$499,900

For sale: Detached

Detached at 586 VICTORIA STREET, London East (East B)
Property type
Detached
Bedrooms / bathrooms
3 bedrooms, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X13798416
Neighbourhood
East B

Located on a long-matured, beautifully treed lot in desirable Old North London, this stately one-floor home offers charm, space, and an excellent opportunity for first-time buyers. The home features two bedrooms, plus a spacious family room addition that could easily be converted into a home office or third bedroom, providing flexibility to suit your needs. Inside, you'll find a spacious kitchen and dining area, along with a bright and inviting living room highlighted by a cozy gas fireplace. The partially finished, dry, high basement offers valuable additional living space, including a separate room ideal for an exercise area, office, TV room, or hobby space. A single attached garage provides convenient parking and storage, with a rear door opening onto a small concrete patio. With its mature trees, attractive curb appeal, generous living spaces, and fantastic Old North location, 586 Victoria St is a wonderful opportunity for first-time home buyers looking to get into a great London neighbourhood.

Sold data

Homes in East B — recent sold market

Homes in East B took a median of 29 days to sell over the last 365 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 57, across 97 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 42 days.

The median sale price was $639,900.

Homes sold for about 3.0% below asking on average, so there was room to negotiate.

About 13% of sales closed above the list price.

Around 23% of sellers reduced their price before finding a buyer.

Median days to sell
29
Median sale price
$639,900
Sale-to-list ratio
97.0%
Sold above asking
13%

Based on 97 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 B)

London East (East B) 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 B)

  • 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 586 VICTORIA STREET