746 WHARNCLIFFE ROAD S, London South (South Q)

$12,000/mo

For rent: Other

Other at 746 WHARNCLIFFE ROAD S, London South (South Q)
Property type
Commercial Retail
MLS®
MLS® X13703394
Neighbourhood
South Q

Prime Automotive Dealership Opportunity - High-Exposure Location. Exceptional opportunity to lease 3,183 sq. ft. of fully equipped commercial space ideally positioned at the southeast corner of Wharncliffe Road South and Ferndale Avenue, surrounded by established automotive dealerships and automotive-related businesses. The property is zoned for automotive sales, leasing, and service, making it an excellent location for an automotive dealership or related automotive operation. The space features one private office, reception area, spacious lobby, locker room, kitchen, and three washrooms, providing a functional setup for both customers and staff. The property offers on-site parking for approximately 30-40 vehicles, providing excellent vehicle display capacity and customer parking. Gross monthly rent is $14,000 + taxes, inclusive of everything (except Utilities, Lawn mowing, Snow clearing, and waste management) offering a straightforward leasing opportunity. With excellent visibility, convenient access, substantial on-site parking, and a strong automotive presence in the surrounding area, this is a turnkey opportunity in a prime location for an automotive dealership.

Sold data

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

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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

London South (South Q) 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 Q)

  • 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 746 WHARNCLIFFE ROAD S