0.187 ac
Lot
About This Property
This investment in London East offers a 0.187 ac lot. The property has cross street Located directly at the corner of Richmond Street and Central Avenue, zoned BDC(1). The home features partial.
MLS Remarks
Prime Residential/Commercial Investment Opportunity. Position your portfolio for success with this exceptional mixed-use property located at the high-profile intersection of Richmond Street & Central Avenue, one of London's most sought-after and heavily trafficked urban corridors. Directly across from Victoria Park and Starbucks this iconic three-storey building offers unmatched visibility and foot traffic in a premier downtown setting. This exceptional offering includes Three Storey mixed-use building featuring main-level commercial retail units and second-floor residential apartments. The property delivers consistent annual income with a solid tenant mix and long-term upside. Ideal for investors seeking cash flow, asset appreciation, and future redevelopment potential. Breakdown of Commercial/Residential: 4 Commercial Units/Tenants - Total of 3,500 SF among the commercial tenants. 8 Residential Apartment Units (# - 1 Bedroom Units & # - 2 Bedroom Units). Commercial Tenants include: Marcello Hair Stylist, Babaz Shawarma Plus, Ozen Restaurant and ATM machine. Site Area: 0.97 acres. Asking Price: $3,600,000. Steady Income year to year. $230,000 Net Income/Year. Full Sale Package Addresses: 605-607 Richmond Street and 208 Central Avenue, London.
Property History
MLS# X12916794| Date | Event | MLS# | Price | Change |
|---|---|---|---|---|
| Mar 23, 2026 | Listed For Sale | X12916794 | $3,600,000 | — |
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Overview
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