420 York Street London East, Ontario N6B 1R1
$3,800,000
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. (id:61716)
Property Details
| MLS® Number | X13568182 |
| Property Type | Office |
| Neigbourhood | Central London |
| Community Name | East K |
| EquipmentType | Water Heater |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 42 |
| RentalEquipmentType | Water Heater |
Building
| BathroomTotal | 4 |
| Age | 31 To 50 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 10000 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 328 Ft |
| SizeFrontage | 100 Ft ,2 In |
| SizeIrregular | 0.65 |
| SizeTotal | 0.65 Ac |
| SizeTotalText | 0.65 Ac |
| ZoningDescription | R01/rs |
https://www.realtor.ca/real-estate/30037871/420-york-street-london-east-east-k-east-k
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August 12 2026 04:50:48
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp
