For Sale

242 Hill Street, London East, Ontario N6B 1C9

$789,000

242 Hill Street, London East, Ontario N6B 1C9 is For Sale and has a listing price of 789,000. The property is located in the London East . It's been on the website for 329 Days.

  • Land
    Property Type
  • MLS ID: X11955868
  • Office Name RE/MAX ADVANTAGE REALTY LTD.
Property Description

A vacant lot with high-rise zoning. An R3 re-zoning could result possibly in usage for a 4-unit building. This lot is located in the SoHo Community Improvement Project (CIP) area. It’s also in the Primary Transit Area ( PTA). To the immediate east on two lots construction has started on a four storey low-rise building. The R-3 zoning in this area is going to in courage more projects like this to happen. One family has owned this lot for many years. Back in the 60s, a duplex on it was removed. Who wants to take on this new project?

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X11955868
  • Price: $789,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 198
  • Ref ID: X11955868
  • Dir / Cross St: Wellington St
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
02/04/2025 X11955868 $789,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $653,930 Average List Price
    based on 1 year
  • 485 New Listings
    based on 30 days
  • 64 Median Days on Market
    based on 1 year
  • List vs. Selling Price 169.68 % Up
  • Sold (12mo) 755
  • Rented (12mo) 237

  • 1 Month Change -70.4%
  • 3 Month Change -1.5%
  • 6 Month Change -12.7%
Walkscore
Additional Details
  • Taxes: $1,557
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Negotiable
  • Listing Entry Date: 04/02/2025 19:16:19
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