$949,000
For sale: Detached

Exceptional opportunity in London's prestigious Old North, just steps from top-ranked schools, Western University, hospitals, Richmond Row, boutique shopping, and renowned restaurants. This versatile 5+1 bedroom property offers outstanding potential for investors, multi-generational families, or owner-occupants seeking additional income. The main residence features a spacious and thoughtfully designed layout, with 3 bedrooms on the second floor, a 4-piece bathroom, and separate upper-level laundry. The main floor primary bedroom offers a walk-in closet and a walkout to the private backyard, while an additional main-floor bedroom can easily be converted into a home office to suit your needs. A 3-piece bathroom completes the main level. Theself-contained lower-level suite features 1 bedroom, an updated kitchen, comfortable living area, and ensuite laundry, making it ideal for rental income or extended family. A detached heated 2-car garage with electricity adds even more value and future potential. Each unit enjoys its own private outdoor space, and the home can easily be converted back to a single-family residence, with a wet bar already in place in the basement. Potential separate entrance available to the basement. The recent upgrades include: furnace and A/C (2022), upgraded electrical panels in house (200 AMP) and garage in 2022, new kitchen appliances (2020-2022), front deck (2020), garage heather (2022), gas fireplace (2020), built-in electric Napolean fireplace (2022)
Sold data
Detached homes in London East (East B) took a median of 25 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 45, across 783 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $639,900.
Homes sold for about 2.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 783 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East B) 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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