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    For Sale - 420 York Street, London East, Ontario

    Est payment $17,282/mo
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    Time on Jump  7 day

    AI Summary *

    • Prime investment property in central London with strong rental income.
    • Leased to reliable tenant until December 2032 for long-term security.
    • Approximately 10,000 square feet of usable space with ample parking.
    • Fully renovated in 2006, ensuring minimal maintenance needs.
    • Located near new residential developments and Rapid Transit Line for added appeal.




    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.
    Listing IDX13881126
    Address420 York Street
    CityLondon East, Ontario
    Price$3,599,000
    Bath4 Full
    StyleInvestment
    Land Size0.65
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentHeating / Cooling Gas Forced Air ClosedSewer Sanitary+Storm Available

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    Listing Brokerage: CENTURY 21 FIRST CANADIAN CORP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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