© 2026 HomeSix Realty Inc. All rights reserved.

MLS® X13054230
London, ON
Prime investment opportunity in the heart of Downtown London! Welcome to 342 Richmond Street, a fully tenanted mixed-use commercial building that perfectly blends income-generating potential with modern upgrades. Featuring an established ground-level storefront and five beautifully renovated residential units, three spacious 2-bedroom, 1-bathroom apartments and two cozy 1-bedroom, 1-bathroom units, this property is designed to attract quality tenants. Each residential unit showcases updated finishes, ensuring long-term tenant satisfaction, while the convenience of on-site laundry adds extra appeal. Recent improvements include a brand-new roof, offering peace of mind for years to come. With a stellar net operating income of $111,000 annually and a high-demand location amidst Londons bustling core, this property is a rare find. Just steps from trendy shops, dining, and cultural landmarks, this property offers an exceptional opportunity to own a turnkey asset in a thriving urban center. Don't miss your chance to capitalize on this premium downtown cash cow!
Broker
TEAM GLASSER REAL ESTATE BROKERAGE INC.
Own a home here? See what it could sell for.
Use this listing address as a starting point for a Home6 seller valuation.

Store W Apt/Office
342 Richmond Street London
London East
Type
Store W Apt/Office
Parking
None
Property Tax
~$8,170/yr
Heating
Electric Hot Water
Buying Essentials
Square Feet
5200 sqft
Parking
None
Finances
List Price
$999,900
Price per SQFT
$192/sqft
Property Tax
~$8,170/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
5200 sqft
Living & Amenities
Heating Type
Electric Hot Water
Policies & Utilities
Neighbourhood
London East
Listed On
Apr 28, 2026
Days on Market
Current: 193 days
Room information is not available for this listing.
Learn about the area and demographics around this address.
Schools closest to 342 Richmond Street London.
Source: No verified source available.Catchment boundaries and ratings are shown only when available.
Active alternatives ranked by location, property type, price, bedrooms, size, bathrooms, and recency.
Recent sold or leased properties are shown separately from active alternatives.
Close to 342 Richmond Street London.