$399,000
For sale: Detached

This Property's R2-2 Zoning (Duplex permitted) provides a Great Opportunity for Investors, Owners requiring a mortgage helper (separate unit), or Families looking to grow! This 3-Bedroom, 3-Bathroom home has been well cared for and upgraded over the years...Main Floor offers a Foyer, Bright and Large Dining & Living Rooms, Updated Eat-In Kitchen & 4pc Bathroom with Laundry. Upper Level has 3 Bedrooms and another 4pc Bathroom. Lower Level has a Separate Exterior Entrance (along with interior access depending on use), 3pc Bathroom, Large Living Area with roughed in Kitchen and Bonus Room (can be legal Bedroom with a few minor alterations). Do to updated zoning rules this can be a legal duplex without zoning or variance changes if it adheres to current by-laws/safety codes etc but is currently not used as such. Large Covered Porch, Front Driveway, Rear Deck, Large Fully Fenced Yard with Shed complete this great property! UPDATES INCLUDE: Kitchen, Some Lower Level Finishes, Replacement Windows, Roof, Soffit Eaves & Fascia, Flooring, Lighting, 100 amp panel, Paint, Front Door, Rear Fencing etc.
Sold data
Homes in East M took a median of 22 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 43, across 90 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 35 days.
The median sale price was $399,900.
Homes sold for about 2.6% below asking on average, so there was room to negotiate.
About 17% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 90 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
London East (East M) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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