131 WATERLOO STREET
London East (East K), Ontario N6B2M7
- 1500 sqft
- Retail
Listed by HOMELIFE FRONTIER REALTY INC.
6 photos
Description
Excellent opportunity to acquire a freestanding commercial building in a high-visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, the property is well placed to benefit from increasing population density, pedestrian traffic, and ongoing neighbourhood revitalization. Currently operated as a convenience store, the business is not included in the sale and will close prior to possession, giving a new owner the opportunity to establish their own convenience store or compatible neighbourhood retail operation. The property offers strong street exposure, an established commercial presence, and convenient access to a growing residential customer base. Its existing retail use may also provide a smoother transition for buyers seeking to continue a similar operation, subject to verification of intended use, licensing, and municipal requirements. With its freestanding configuration, prominent location, and proximity to significant residential redevelopment, this property is an attractive opportunity for an owner-operator, investor, or entrepreneur seeking long-term growth potential in one of London's evolving urban corridors. (id:37124)
Property details
| Price | $519,000 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Retail |
| Living area | 1500 square feet |
| Lot size | 51.06 x 66.91 FT |
| Frontage | 51 |
| Zoning | R3-1 |
| Heating | Forced air, Natural gas |
| Cooling | Fully air conditioned |
| Parking spaces | 8 |
| Water | Municipal water |
| Annual taxes | $5,419 (2025) |
| Listed on | Jul 10, 2026 |
| MLS® number | X13551696 |
Location
All listing details (31)
| City | London East (East K) |
|---|---|
| City Region | East K |
| Cooling | Fully air conditioned |
| Country | Canada |
| Directions | Cross Streets: Waterloo St & Hill St. ** Directions: Follow Wellington St. Turn right on Hill St.Peters Pantry Variety is on right side of Hill St. & Waterloo St. |
| Fireplace YN | No |
| Frontage Length Numeric | 51 |
| Frontage Length Numeric Units | feet |
| Geocode Manual YN | No |
| Heating | Forced air, Natural gas |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | Toronto |
| List Price | 519000 |
| Living Area | 1500 |
| Living Area Units | square feet |
| Lot Size Dimensions | 51.06 x 66.91 FT |
| Original Entry Timestamp | 2026-07-10T23:04:22.92Z |
| Parking Total | 8 |
| Photos Count | 6 |
| Postal Code | N6B2M7 |
| Property Sub Type | Retail |
| Standard Status | Active |
| State Or Province | Ontario |
| Street Name | Waterloo |
| Street Number | 131 |
| Street Suffix | Street |
| Tax Annual Amount | 5419 |
| Tax Year | 2025 |
| Water Source | Municipal water |
| Zoning Description | R3-1 |
Listing courtesy of
Listing brokerage
HOMELIFE FRONTIER REALTY INC.
7620 YONGE STREET UNIT 400, THORNHILL, Ontario
Listing agent
DONGHO LEE
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