$250,000
For sale: Detached

Welcome to 89 Inkerman Street, a well-maintained 3-bedroom, 1-bathroom bungalow offering an excellent opportunity for first-time buyers, investors, or those looking to enter the London market. The functional layout features spacious rooms and a generous primary bedroom with an oversized closet. Recent updates include a new roof (2024) and upgraded 200-amp electrical service (2024), providing added peace of mind for the next owner. Currently tenanted, the property offers flexibility for investors to continue with the existing tenancy, while buyers looking to make the home their own can explore vacant possession options. Outside, the deep backyard provides plenty of space for entertaining, children, pets, or future outdoor projects, while the private driveway accommodates up to 4 vehicles. Conveniently located near downtown London, schools, parks, public transit, grocery stores, restaurants, and the Western Fair District, this property combines an accessible price point with strong long-term potential. Recent home inspection report available to interested buyers upon request
Sold data
Detached homes in London East (East L) 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 46, across 778 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 46 days.
The median sale price was $629,900.
Homes sold for about 2.8% below asking on average, so there was room to negotiate.
About 14% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 778 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
London East (East L) 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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