+ 16 photos
For Sale
MLS®# X13568182
420 York Street, London East, ON N6B 1R1
London East, ON N6B 1R1
$3,800,000
Est. $16,140/mo · 20% down, 25-yr, 4.09%
4Baths
100 × 328 ftLot
InvestmentType
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.
Property Summary
Property TypeInvestment
Community NameEast K
Land Size100.2 x 328 ft
Age of Building31-50
Annual Property Taxes$32,729.00
Tax Year2026
Parking TypeNone Garage
Building details
Bathrooms / washrooms4
Property typeInvestment
Approximate age31-50
Lot & land
Lot dimensions100 × 328 ft
Lot frontage100 ft
Lot depth328 ft
Building Features
StyleInvestment
Fire ProtectionNo
Rental Equipment
Rental equipmentwater heater(s) if rented.
Heating & Cooling
CoolingYes
Heating TypeGas Forced Air Closed
Utilities
Utility SewerSanitary+Storm Available
Parking
Parking TypeNone Garage
Taxes & fees
Annual taxes$32,729 (2026)
Listing history
On market sinceJul 14, 2026
Location
London East, ON N6B 1R1
Listed by CENTURY 21 FIRST CANADIAN CORP, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.