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MLS® X13568182
London, ON
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 5.4% 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.
Broker
CENTURY 21 FIRST CANADIAN CORP
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Investment
420 York Street London
London East
Built
31-50
Type
Investment
Parking
None
Property Tax
~$32,730/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
10000 sqft
Parking
None
Finances
List Price
$3,800,000
Price per SQFT
$380/sqft
Property Tax
~$32,730/yr
Property Specs
Property Type
Investment
MLS Size
10000 sqft
Age of Building
31-50
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
London East
Listed On
Jul 14, 2026
Days on Market
Current: 116 days
Room information is not available for this listing.
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