For sale 18$3,200,000
2 sq ft
1720 Gore Road
East P, London East
3 months agoMLS® X13485182
ROYAL LEPAGE TRILAND REALTY
$3,599,000
420 York Street
East K, London East, Ontario N6B1R1
For sale· Added
4 bath10,000 sqft
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 5.7% 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.
Location
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Property details
Listing
- MLS® number
- X13881126
- Added
- Oct 9, 2026 ()
- Updated
- Oct 10, 2026 ()
- Info refreshed
Overview
- Property type
- Office
- Building type
- Offices
Inside
- Bathrooms
- 4
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
- Features
- Irregular lot size
Building
- Parking
- 42 spaces
Land
- Frontage
- 100.2 ft
- Lot area
- 0.65 acres
- Zoning
- R01/RS
Services
- Water
- Municipal water
Location
- Cross streets
- Burwell Street
- Directions
- Located on the northwest corner of York and Burwell Streets.
Running costs
- Annual property tax
- $32,730
$3,599,000
420 York Street
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