398 Richmond Street, London East, ON N6A 3C7
London East, ON N6A 3C7
Quick cost estimateKnown monthly subtotal$460.63 / monthLand transfer tax $715One-time estimate
Quick cost estimate
$460.63 / monthKnown monthly subtotal
- Mortgage principal & interest
- $460.63
- Property tax / month
- $0
- Maintenance / month
- Period / amount not reported
Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.
Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.
Land transfer tax · one time
- Transfer tax total
- $715
Before rebates, surcharges and fees. Not part of the monthly subtotal.
Tax assumptions & breakdown
Toronto municipal land transfer tax does not apply to this listing outside the City of Toronto.
- Ontario tax
- $715
- Toronto municipal tax
- $0
Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.
Ontario rates · Toronto rates (April 2026)
Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.
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About this home
ATTENTION BUSINESS BUYERS - YOUR SEARCH STOPS HERE! A rare opportunity to take over a well-established convenience store with nearly three decades of proven operation! Successfully operated by the same owners since 1998, this business is now being offered for sale as the owners are ready to retire after an incredible run. Located on Richmond Street, near the busy Richmond & Dundas area, this convenience store benefits from excellent exposure and a convenient location. The business offers an attractive lease rate of only $2,900/month + HST, providing an excellent opportunity for an owner-operator looking to step into an established business with a loyal customer base. Average weekly sales of approximately $8,500 plus monthly Lotto commissions of approximately $1,700 provide multiple revenue streams and strong potential for a motivated new owner to build upon the existing success. After 27+ years of continuous ownership and operation, opportunities like this don't come around often. Whether you're an experienced operator or looking to enter the convenience-store business, this is a turnkey opportunity worth exploring. Act now - established business, proven history, attractive lease, and prime location!
Home details
- Days on market
- 92
- Property type
- Sale Of Business
- MLS® number
- X13660734
- Source status
- New
- Postal code
- N6A 3C7
- Building area (total)
- 1,330 sq ft
- Lot depth
- 54.51 ft
- Garage parking spaces
- Not reported
- Total parking spaces
- Not reported
- Occupancy
- Owner
- Possession type
- Flexible
- Garage
- None
- Annual property tax
- 0
- Heating system
- Gas Forced Air Closed
- Cooling
- Yes
- Utility services
- Available
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- Reported utility services
- Available
- Heating system
- Gas Forced Air Closed
- Cooling
- Yes
A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.
Rooms & virtual tours
Loading source-reported room dimensions…
Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
Ask the listing brokerage for floor plans and measured room layouts.
Listing dates & price record
- Asking amount
- $99,000
Original MLS entry
Entry into the source MLS system; distinct from days on market.
Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.
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Estimate monthly costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Map and neighbourhood
- Region / county
- Middlesex
- Municipality
- LONDON
- MLS® community
- East K
Plan a trip from this home
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Around this property
Schools, transit & everyday places
Published local sources. Distances are approximate straight-line distances, not walking routes.
Filter the records displayed below.
Nearby publicly funded schools
Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.
School year 2024-2025 · Preliminary · publisher extract 2026-09-14.
London Central Secondary School ↗
Secondary · 9-12 · English · Public
School board: Thames Valley DSB ↗
509 Waterloo St, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 81%
- Grade 10 OSSLT (first-attempt pass)
- 91%
Catholic Central High School
Secondary · 9-12 · English · Catholic
School board: London District Catholic School Board ↗
450 Dundas St, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 57%
- Grade 10 OSSLT (first-attempt pass)
- 89%
Woodfield French Immersion Public School ↗
Elementary · JK-8 · English · Public
School board: Thames Valley DSB ↗
440 Princess Ave, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 88%
- Grade 3 Writing (at provincial standard)
- 79%
- Grade 3 Mathematics (at provincial standard)
- 88%
- Grade 6 Reading (at provincial standard)
- 90%
- Grade 6 Writing (at provincial standard)
- 90%
- Grade 6 Mathematics (at provincial standard)
- 52%
H B Beal Secondary School ↗
Secondary · 9-12 · English · Public
School board: Thames Valley DSB ↗
525 Dundas St, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 9 Mathematics (at provincial standard)
- 56%
- Grade 10 OSSLT (first-attempt pass)
- 79%
Jeanne-Sauvé Public School ↗
Elementary · JK-8 · English · Public
School board: Thames Valley DSB ↗
215 Wharncliffe Rd N, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 96%
- Grade 3 Writing (at provincial standard)
- 78%
- Grade 3 Mathematics (at provincial standard)
- 89%
- Grade 6 Reading (at provincial standard)
- 97%
- Grade 6 Writing (at provincial standard)
- 91%
- Grade 6 Mathematics (at provincial standard)
- 58%
St. John French Immersion School ↗
Elementary · JK-8 · English · Catholic
School board: London District Catholic School Board ↗
1212 Coronation Drive Dr, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 90%
- Grade 3 Writing (at provincial standard)
- 92%
- Grade 3 Mathematics (at provincial standard)
- 82%
- Grade 6 Reading (at provincial standard)
- 95%
- Grade 6 Writing (at provincial standard)
- 96%
- Grade 6 Mathematics (at provincial standard)
- 58%
Victoria Public School ↗
Elementary · JK-8 · English · Public
School board: Thames Valley DSB ↗
130 Wharncliffe Rd S, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 61%
- Grade 3 Writing (at provincial standard)
- 48%
- Grade 3 Mathematics (at provincial standard)
- 48%
- Grade 6 Reading (at provincial standard)
- 42%
- Grade 6 Writing (at provincial standard)
- 47%
- Grade 6 Mathematics (at provincial standard)
- 5%
St Martin Separate School ↗
Elementary · JK-8 · English · Catholic
School board: London District Catholic School Board ↗
140 Duchess Ave, London
Reported assessment results · source workbook 2024-2025
Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.
- Grade 3 Reading (at provincial standard)
- 66%
- Grade 3 Writing (at provincial standard)
- 81%
- Grade 3 Mathematics (at provincial standard)
- 67%
- Grade 6 Reading (at provincial standard)
- 87%
- Grade 6 Writing (at provincial standard)
- 89%
- Grade 6 Mathematics (at provincial standard)
- 42%
Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.
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Transit near this property
No current nearby stops were returned by the installed TTC, GO Transit and UP Express datasets. Coverage and service dates vary; distances and travel times are not inferred.
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Nearby shops & amenities
No nearby places were returned by the current OpenStreetMap snapshot. Coverage is regional and may be incomplete; verify business details before visiting.
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Similar homes for sale in East K, London East, Middlesex, Ontario
Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.
Property questions
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Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.
What do nearby school, transit and shop results mean?
They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.
Can I see sold prices for nearby properties?
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How should I use the monthly cost estimate?
It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.
Home and neighbourhood overview
398 Richmond Street, London East, ON N6A 3C7, London East is listed for sale as a Sale Of Business. Asking price: $99,000. Occupancy is reported as Owner. MLS® X13660734.
The Ministry’s school dataset lists London Central Secondary School approximately 702 m from the property’s mapped location.
Local context
The Ministry’s school dataset lists London Central Secondary School approximately 702 m from the property’s mapped location.
Sources & distance notes
Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility.
Explore the area: Middlesex · London East.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: ROYAL LEPAGE TRILAND REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13660734. Information deemed reliable but not guaranteed.