$249,900
For sale: Vacant Land

RARE BUILDING LOT! Opportunities to find a lot of this size in London are few and far between. Situated on a quiet cul-de-sac, this generously sized, pie-shaped lot offers an excellent opportunity to build your dream home while still enjoying a substantial private backyard. Conveniently located close to amenities, hospital, major roadways, and the highway. Gas, hydro, and water services are available at the road. The buyer is responsible for site servicing and all applicable development fees. With lot dimensions of approximately 187.63 ft. x 37.35 ft. x196.14 ft. x 80.50 ft. x 71.79 ft., this is a truly unique property. Recent City changes may provide opportunities for multi-family development, or create your own private large-lot residence. Buyers are advised to conduct their own due diligence regarding zoning, permitted uses, servicing, development charges, and all property details. Don't miss this rare opportunity!
Sold data
Vacant Land homes in London South (South J) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 62 days.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 South (South J) 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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