$850,000
For sale: Vacant Land

Located on the northeast corner of Clarke and Gore offering exceptional exposure. One of the few remaining corner lots for re-development. Currently being used as a car lot. Trailer on site can be purchased separately. Zoning Restricted ServiceCommercial-RSC1,3,5 permits automobile sales and service. Other permitted uses include warehousing, self-storage establishments, tow truck business, auction establishments, commercial recreational establishments, building supply outlets and a host of other uses. Storm and sanitary sewers are at the lot line subject to verification by the Buyer. Survey and zoning information available upon request. Can be sold with 92 Clarke Road. See MLS #X13523740 for details.
Sold data
Vacant Land homes in London East (East Q) took a median of 35 days to sell over the last 365 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 68, across 65 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.
The median sale price was $649,900.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 18% of sellers reduced their price before finding a buyer.
Based on 65 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
London East (East Q) 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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