This lot in London East is for sale. It has been on the market 23 days, fresher than the London East average of 48 days.

Description

Lovely property to build your dream home. Pretty and peaceful Cul de sac location with other homes approximately 35 years old. Easy access to Hwy 401, downtown London and Fanshawe college. The lot is essentially a rectangle 55 ft x 108 ft with a slight slope for potential lower level lookout. Walking distance to coffee shops and restaurants, grocery store and all your shopping essentials providing ultimate convenience while tucked away on the cul de sac. Great neighbourhood with walking and bike trails. For the investor minded build up to 4 dwelling units; see the City of London website under "Additional Residential Units" for more information. Fantastic opportunity! (id:66096)

Property Details

MLS®: X14027776
Property Type: Vacant Land
Zoning: R1-6
Bathrooms: 0
Lot Size: 56 × 108 ft (6,024 sq ft)
Frontage: 56 ft
Property Tax: $1,041/yr
Listed: 23 days ago

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

23d

London East (East O) listings, avg age

48d

List price

$248K

Haho

This vacant land in London East (East O) has been listed for 23 days, which is 25 days fresher than the city average of 48. Act while there is still low competition.

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Listed by OLIVER & ASSOCIATES SARAH OLIVER REAL ESTATE BROKERAGE · BRIAN SIMPSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N5W)

This home lists at $247,700, about 3.8× the local median household income of $64,500.

Carrying it typically needs a household income of about $48,384 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $64,500
Population: 24,740
Median age: 40.4
Owner / renter: 59% / 41%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA N5W)

$247,700

For sale

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2 Ellsworth Close, London East (East O) - Vacant Land for Sale