616 DUNDAS STREET E, London East (East G)

$1,700/mo

For rent: Other

Other at 616 DUNDAS STREET E, London East (East G)
Property type
Commercial Retail
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
MLS®
MLS® X13576966
Neighbourhood
East G

Located in London's up-and-coming Old East Village, this solid and historic mixed-use building offers flexible and affordable commercial space in a neighbourhood experiencing continued investment and revitalization. Situated near Dundas and Adelaide and close to the new police station, the property offers a central location in one of London's most historic communities, with various business and improvement incentive programs available in the area. Flexible leasing options available: Main Floor - Approx. 1,400 sq. ft. | $1,700/month Partial Main Floor - Approx. 800 sq. ft. | $900/month An affordable option for businesses that don't require the full main floor. Lower Level - Approx. 800 sq. ft. | $1,000/month Full semi-below-grade lower-level space available for various permitted uses. Partial Lower Level | $600/month Half of the lower-level space is also available. Second Floor - Approx. 1,000 sq. ft. | $1,500/month flexible upper-level space suitable for offices and a variety of personal service uses, including massage, nail services, tattoo studio and other permitted uses. An excellent opportunity for a new or established business looking for flexible space and competitive rents in an up-and-coming London neighbourhood.

Sold data

Other homes in London East (East G) — recent sold market

Other homes in London East (East G) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $575,000.

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

About 19% of sales closed above the list price.

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

Median days to sell
21
Median sale price
$575,000
Sale-to-list ratio
97.8%
Sold above asking
19%

Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East G)

London East (East G) 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 G)

  • 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 616 DUNDAS STREET E