645 CONSORTIUM COURT, London South (South Z)

$10.45/sqft

For rent: Other

Other at 645 CONSORTIUM COURT, London South (South Z)
Property type
Office
MLS®
MLS® X13608072
Neighbourhood
South Z

Professional office space available for sublease in the highly desirable Newbold Business Park. This well-maintained office offers approximately 1,373 sq. ft. and features three spacious private offices, a welcoming reception area, a common work area, and a versatile loading dock currently utilized as a staff lounge, gym, and kitchenette. The unit also includes two washrooms. The building is professionally maintained and offers ample free on-site parking for staff and visitors. LI2 and LI7 zoning permits a wide variety of office and commercial uses. Ideally situated with quick access to Highway 401 via Highbury Avenue and Wellington Road, and within close proximity to public transit and numerous amenities. Located within the multi-tenant Newbold Business Park, this location provides excellent flexibility and growth opportunities for expanding businesses. The current base rent is $10.45 per sq. ft. net until March 31, 2027, increasing to $10.92 per sq. ft. (April 1, 2027 - March 31, 2028), $11.41 per sq. ft. (April 1, 2028 - March 31, 2029), and $11.93 per sq. ft. (April 1, 2029 - March 31, 2030). Additional rent is $7.10 per sq. ft.

Sold data

Other homes in London South (South Z) — recent sold market

Other homes in London South (South Z) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 South (South Z)

London South (South Z) 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 South (South Z)

  • 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 645 CONSORTIUM COURT