420 YORK STREET
London East (East K), Ontario N6B1R1
- 4 Baths
- 10000 sqft
- Office
Listed by CENTURY 21 FIRST CANADIAN CORP
21 photos
Description
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. (id:37124)
Property details
| Price | $3,599,000 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Office |
| Building type | Offices |
| Bathrooms | 4 |
| Living area | 10000 square feet |
| Lot size | 0.65 acres |
| Frontage | 100.2 |
| Zoning | R01/RS |
| Heating | Forced air, Natural gas |
| Cooling | Fully air conditioned |
| Parking spaces | 42 |
| Water | Municipal water |
| Annual taxes | $32,730 |
| Listed on | Oct 9, 2026 |
| MLS® number | X13881126 |
Location
All listing details (35)
| Bathrooms Total Integer | 4 |
|---|---|
| City | London East (East K) |
| City Region | East K |
| Cooling | Fully air conditioned |
| Country | Canada |
| Directions | Cross Streets: Burwell Street. ** Directions: Located on the northwest corner of York and Burwell Streets. |
| Fireplace YN | No |
| Frontage Length Numeric | 100.2 |
| 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 | London and St. Thomas |
| List Price | 3599000 |
| Living Area | 10000 |
| Living Area Units | square feet |
| Lot Features | Irregular lot size |
| Lot Size Area | 0.65 |
| Lot Size Dimensions | 0.65 |
| Lot Size Units | acres |
| Original Entry Timestamp | 2026-10-09T16:31:17.83Z |
| Parking Total | 42 |
| Photos Count | 21 |
| Postal Code | N6B1R1 |
| Property Sub Type | Office |
| Standard Status | Active |
| State Or Province | Ontario |
| Street Name | York |
| Street Number | 420 |
| Street Suffix | Street |
| Structure Type | Offices |
| Tax Annual Amount | 32729.77 |
| Water Source | Municipal water |
| Zoning Description | R01/RS |
Listing courtesy of
Listing brokerage
CENTURY 21 FIRST CANADIAN CORP
420 YORK STREET, LONDON, Ontario
Listing agent
GINO MAZZUCA
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