815 CENTRAL AVENUE, London East (East G)

$4,000/mo

For rent: Other

Other at 815 CENTRAL AVENUE, London East (East G)
Property type
Commercial Retail
MLS®
MLS® X13761142
Neighbourhood
East G

Rare Central Avenue 1402 SF of commercial opportunity with flexible R3-2/RSC3(8)/LI8 zoning! This property offers an excellent opportunity for an owner-operator, investor or business looking for a versatile location in an established East London corridor. Equipped with 2 offices, kitchenette, bathroom, storage, carports & parking for +10 vehicles. RSC3(8) permits a variety of commercial/service uses including business service establishments, medical/dental offices, offices, personal service establishments, repair & rental establishments, service & repair establishments and studios. LI8 zoning further permits food store and warehouse establishment uses, subject to applicable regulations. An ideal opportunity for professional services, medical/dental, personal services, repair/service businesses, studio uses, food-related retail or qualifying warehouse operations. Flexible zoning creates multiple possibilities for future use and value. Buyer/tenant to verify permitted use and all zoning requirements with the City of London.

Sold data

Other homes in London East (East G) — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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

London East (East G) 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 G)

  • 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 815 CENTRAL AVENUE