$819,000
For sale: Vacant Land

Exceptional corner development opportunity in a high-exposure location with versatile AC4/AC5 Arterial Commercial zoning. This prominent corner property offers outstanding visibility, strong vehicle traffic, and convenient access, making it ideal for a wide range of commercial uses, including retail, professional offices, restaurants, personal service businesses, medial clinics, mixed-use development with residential units above commercial space, and select automotive-related uses where permitted. Its flexible zoning and strategic location make is an excellent investment for developers, owner-operators, and investors seeking a site with significant long-term potential.
Sold data
Vacant Land homes in London East (East M) took a median of 33 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 64 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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 2.1% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 17% of sellers reduced their price before finding a buyer.
Based on 64 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.
Currently for sale

$850,000
Vacant Land90 CLARKE ROAD, East Q, London East

$850,000
Vacant Land92 CLARKE ROAD, East Q, London East

$899,000
Other1188 FRANCES STREET, East M, London East

$775,000
Detached31 CHALMERS STREET, East B, London East

$774,900
Detached159 SHERWOOD CRESCENT, Dorchester, Thames Centre

$730,000
Apartment3 - 130 WINDSOR CRESCENT, South F, London South

$865,000
Detached70 BENNER BOULEVARD, Kilworth, Middlesex Centre

$699,900
Detached164 DEVONSHIRE AVENUE, South G, London South