NEW
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$3,599,000See Homsy estimate →
420 York StreetEast K, London East, ON N6B 1R1 · Sale · MLS® X13881126
--Bedrooms
--Bathrooms
10000Sq ft
42Parking
--Per sq ft
About this home
The homeTaxes$32,729.77/yr
PossessionFlexible
All listing details
- Description
- Prime investment opportunity in central London. The property is leased to Century 21 First Canadian Realty Corp. with a net operating income of $180,000.00 until December 31, 2027 and increasing to $204,000.00 on January 1, 2028 with the lease expiring on December 31, 2032 cap rate of 5.7% based on NOI of $204,000. Building consists of approximately 10,000 square feet with 42 on site parking spaces. Completely renovated in 2006 and a new roof was installed in May of 2026 except for canopy/overhang. Plenty of residential development in the immediate area and the property abuts the Rapid Transit Line on King Street. This would make an excellent addition to any investment portfolio.
- Commercial use
- Investment
- Rate
- $3,599,000 (For sale)
- Financial · Annual taxes
- $32,730 (2026)
- Space · Total area
- 10000 ft²
- Space · Office area
- 10,000 ft²
- Site · Lot size
- 100.2 × 328 ft
- Building · Clear height
- 8 ft
- Building · Parking
- 42 spaces
- Building · Freestanding
- No
- Building · Year built
- 31-50
- Availability · Occupancy
- Flexible
- Property type
- Investment
- Style
- Office
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Garage
- None
- Parking spaces
- 42
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
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Homsy estimate
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