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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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398 Richmond Street London
For SaleLondon East

398 Richmond Street London, Sale Of Business for Sale

MLS® X13660734

London, ON

88 days on market
$99,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1,330Sqft
N/AParking
Sale Of Business

Overview· 398 Richmond Street London

MLS® #X13660734

ATTENTION BUSINESS BUYERS - YOUR SEARCH STOPS HERE! A rare opportunity to take over a well-established convenience store with nearly three decades of proven operation! Successfully operated by the same owners since 1998, this business is now being offered for sale as the owners are ready to retire after an incredible run. Located on Richmond Street, near the busy Richmond & Dundas area, this convenience store benefits from excellent exposure and a convenient location. The business offers an attractive lease rate of only $2,900/month + HST, providing an excellent opportunity for an owner-operator looking to step into an established business with a loyal customer base. Average weekly sales of approximately $8,500 plus monthly Lotto commissions of approximately $1,700 provide multiple revenue streams and strong potential for a motivated new owner to build upon the existing success. After 27+ years of continuous ownership and operation, opportunities like this don't come around often. Whether you're an experienced operator or looking to enter the convenience-store business, this is a turnkey opportunity worth exploring. Act now - established business, proven history, attractive lease, and prime location!

Broker

ROYAL LEPAGE TRILAND REALTY

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Walk Score®80Very WalkableVery Walkable
Transit Score®73Excellent TransitExcellent Transit
Bike Score®80Very BikeableVery Bikeable
Schools789 schools within 1.5 km · nearest 437 m9 schools within 1.5 km · nearest 437 m
Parks8213 parks within 1 km · nearest 246 m13 parks within 1 km · nearest 246 m
Convenience9439 groceries, cafes and pharmacies within 1 km · nearest 130 m39 groceries, cafes and pharmacies within 1 km · nearest 130 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 398 Richmond Street London

Source: MLS® listing data
398 Richmond Street London

Sale Of Business

398 Richmond Street London

London East

Type

Sale Of Business

Parking

None

Property Tax

~$0/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

1330 sqft

Parking

None

Finances

List Price

$99,000

Price per SQFT

$74.44/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

MLS Size

1330 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

London East

Listed On

Aug 10, 2026

Price & Listing History

Days on Market

Current: 88 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$398/mo
Total Monthly$398

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0