• 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
  • +1-905-744-6000
  • info@findhomes.ca
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30 days
420 York Street, London East, ON N6B 1R1

420 York Street, London East, ON N6B 1R1

London East, ON, N6B 1R1 · East K

4 Baths
— Sq Ft
42 Parking
Investment Type
X13568182 MLS#

About this property

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.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed
  • Sewer: Sanitary+Storm Available

Property Details

Property Type Commercial
Property Sub-Type Investment
Bathrooms 4
Lot Size 1 Feet
Garage None
Parking Spaces 42
Heat Type Gas Forced Air Closed
Cooling Yes
Sewer Sanitary+Storm Available
Annual Tax $32,730
Tax Year 2026

Building & Construction

Approximate Age
31-50
Building Area Total
10000

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes

Parking & Garage

Garage Type
None
Parking Spaces
42

Lot & Land

Lot Size Area
0.65
Lot Size Units
Feet
Lot Depth
328.00
Lot Width
100.20

Financial & Tax

Tax Annual Amount
$32,730
Tax Year
2026
Possession Type
30-59 days
Possession Details
FLEXIBLE

Utilities & Services

Sewer
Sanitary+Storm Available
Utilities
Available

Additional Details

Occupant Type
Tenant
County Or Parish
Middlesex
Cross Street
Burwell Street
Directions
Located on the northwest corner of York and Burwell Streets.
Showing Requirements
List Brokerage

Location

420 York Street, London East, ON N6B 1R1, London East, ON, N6B 1R1

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP
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  • +1-905-744-6000
  • info@findhomes.ca
  • 23 Westmore Drive, #306, Toronto, ON, M9V 3Y7
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