880 DUNDAS STREET E, London East (East L)
$1,099,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 6 bedrooms, 6 bathrooms
- Living area
- 2,500 sqft
- MLS®
- MLS® X14112546
- Neighbourhood
- East L
Turnkey 6-plex in the heart of London Old East Village, steps to the new Hard Rock Hotel. Featuring three 1-bedroom units and three bachelor units. These renovated units showcase upgraded laminate flooring throughout, modern white kitchens with subway tile back splash and completely refreshed bathrooms. Four of the six units are on separate hydro meters. Newer high efficiency combination boiler and tankless hot water have recently been installed. Upgraded windows, doors, fire safety equipment and more. Additional income from the coin operated laundry within the building. Currently pulling an annual rental income of just under $84,000. A truly turnkey, cash-flowing asset, with an assumable CMHC loan in place, this cash-cow is the perfect addition to any portfolio.
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 52 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 56 days.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 25% of sales closed above the list price.
Around 25% 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
- 25%
Based on 52 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 880 DUNDAS STREET E
$1,799,900
Multiplex852,500–3,000 sqft140 RIDOUT STREET S, South F, London South
$999,999
Multiplex7+131,500–2,000 sqft17 CARFRAE CRESCENT, South F, London South
$849,900
Multiplex522,500–3,000 sqft65 BRUCE STREET, South F, London South
$1,399,900
Detached552,500–3,000 sqft3501 SILVERLEAF CHASE, South V, London South
$1,800,000
Vacant Land1120 OXFORD STREET E, East C, London East
$1,149,900
Detached5+152,500–3,000 sqft2693 HEARDCREEK TRAIL, North S, London North
$999,888
Detached6+242,000–2,500 sqft1771 APPLEROCK AVENUE, North S, London North
$1,443,900
Detached442,500–3,000 sqft876 WHITE PINE STREET, North S, London North