131 Waterloo
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+3 more
$549,000

131 Waterloo

London East (East K), Ontario, N6B2M7

Active
1,500
Sq Ft
8
Parking

About This Property

This retail in London East (East K) offers 1,500 sq ft of living space. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

Excellent opportunity to acquire a standalone commercial building in a high visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, this property is well situated for long term stability and future value growth as the neighbourhood continues to transform.The building is currently occupied by a convenience store; however, the business is not included in the sale and will be closed prior to possession. The property is best suited for continued convenience store or similar neighbourhood retail use. Importantly, the current retail use operates without requiring special municipal permits, allowing a new owner to continue convenience store operations seamlessly.With increasing population density and strong pedestrian activity driven by nearby redevelopment, this location offers reliable demand for neighbourhood serving retail. Ideal for buyers seeking a stable, ready to operate commercial asset in a revitalizing urban corridor. (id:60351)

Overview

Property Typeresidential
Sub-Typeretail
StatusActive
MLS #X12725524

Interior

HeatingForced air, Natural gas
CoolingFully air conditioned

Parking

Total Spaces8

Fees & Taxes

Annual Taxes$5,419 (2025)

Listing Information

MLS#: X12725524


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$109,800
5%20%50%
Estimated Monthly Payment
$2,441
/month
Mortgage
$439,200
Total Interest
$293,165

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$7,455
Total Due on Closing$7,455

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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