764 KING STREET, London East (East L)
$445,000
For sale: Detached
- Property type
- Detached
- Bedrooms / bathrooms
- 3 bedrooms, 2 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® X13555242
- Neighbourhood
- East L
Great property to add to your investment portfolio. New tenant on month to month rental basis. Large house with a fully fenced yard a short distance from Western Fair, Gateway Casinos London, the Weekend Market, Fanshawe College and Downtown. This 3 bedroom, two bathroom house is tenanted with rent of $2500 per month plus utilities. King street has recently undergone a massive rebuild with one way vehicle traffic and two way bus and emergency vehicle lanes. The input of our tax dollars has improved the area and curb appeal. The cap rate makes this a money maker for any investor. Separate entrance makes this one that could be duplexed.
Sold data
Homes in East L — recent sold market
Homes in East L took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 53, across 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.
The median sale price was $399,900.
Homes sold for about 3.2% below asking on average, so there was room to negotiate.
About 24% of sales closed above the list price.
Around 24% of sellers reduced their price before finding a buyer.
- Median days to sell
- 21
- Median sale price
- $399,900
- Sale-to-list ratio
- 96.8%
- Sold above asking
- 24%
Based on 54 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
Schools in London East (East L)
London East (East L) 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 L)
- 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 764 KING STREET
$449,900
Detached32700–1,100 sqft1874 CHURCHILL AVENUE, East H, London East
$459,900
Detached32700–1,100 sqft27 VILLENEUVE CRESCENT, East I, London East
$450,000
Detached421,100–1,500 sqft64 LINWOOD STREET, East C, London East
$510,000
Detached32700–1,100 sqft115 CHAMPLAIN CRESCENT, East I, London East
$499,000
Detached5+221,100–1,500 sqft75 GLASS AVENUE, East N, London East
$489,000
Detached311,100–1,500 sqft160 WELLESLEY CRESCENT, East I, London East
$389,000
Detached321,100–1,500 sqft10 PEGLER STREET, East L, London East
$519,900
Detached32700–1,100 sqft186 KING EDWARD AVENUE, South J, London South