$334,999
For sale: Detached

ATTENTION DEVELOPERS & INVESTORS! An exceptional opportunity in the desirable Old East Village. This centrally located 2-bedroom, 2-bathroom bungalow sits on a deep 33' x 204' lot with significant income and development potential. Ideal for student housing near Fanshawe College, house hacking, multi-family development, or the addition of a garden suite. The property's R3-2 zoning offers a variety of investment possibilities. Whether you're looking to generate rental income, expand your portfolio, or explore future development opportunities, this property is worth a closer look.Buyer to verify all zoning, permitted uses, and development potential.
Sold data
Homes in East G took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 56, across 105 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 68 days.
The median sale price was $399,900.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 105 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East G) 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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