711 Richmond Street, London East, ON N6A 3H1
London East, ON N6A 3H1
Quick cost estimateKnown monthly subtotal$1,116.22 / monthLand transfer tax $2,124One-time estimate
Quick cost estimate
$1,116.22 / monthKnown monthly subtotal
- Mortgage principal & interest
- $1,116.22
- 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
- $2,124
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
- $2,124
- 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
Prime Turnkey Restaurant for Sale on Richmond Row, London. Attention Restaurateurs and Culinary Entrepreneurs! Step into a fully operational, highly visible venue in the absolute heart of London's bustling Richmond Row. This exceptional turnkey business is ready for you to launch or expand your culinary vision without the massive upfront costs and delays of a complete build-out. PROPERTY HIGHLIGHTS:The Space: Fully licensed and ready to operate. Includes a modern CCTV security system and a fully furnished dining room with all seating and TVs included.The Kitchen: Designed for high-volume service, featuring a 10-burner gas stove, gas deep fryer, table-top grill, dual exhaust hoods, three refrigerators, four freezers, and stainless steel prep tables.The License: Valuable liquor license already in place (transfer subject to AGCO approval), allowing you to maximize revenue from day one.The Lease: Secure lease running through June 30, 2027, with two additional 5-year renewal options for long-term peace of mind.The Potential: Incredible late-night business potential. Located directly across from Molly Bloom's and steps from local bars, this is the perfect spot to capture the university student crowd and late-night diners. Seamlessly integrate with Uber Eats and SkipTheDishes to further enhance your sales. Highly flexible permitted use allows for fast food or virtually any restaurant concept.This is a complete sale of business assets with a seamless lease assignment. Don't miss your chance to take over a fully equipped space and start serving your first customers immediately!
Home details
- Days on market
- Not reported
- Property type
- Sale Of Business
- MLS® number
- X14152340
- Source status
- New
- Postal code
- N6A 3H1
- 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
- MLS entry age (not confirmed DOM)
- 2 days
These details come from the listing source. Please confirm measurements and fees before making a decision.
Utilities and services
- 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
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Converted measurements are approximate. Levels and dimensions are shown only when supplied.
Room-count details have not been supplied for this listing.
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Listing dates & price record
- Asking amount
- $239,900
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
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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
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- Region / county
- Middlesex
- Municipality
- London East
- MLS® community
- East F
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Around this property
Schools, transit & everyday places
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Nearby schools
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Transit near this property
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Nearby shops & amenities
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Similar homes for sale in London East
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.
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Home and neighbourhood overview
711 Richmond Street, London East, ON N6A 3H1, London East is listed for sale as a Sale Of Business. Asking price: $239,900. Occupancy is reported as Owner. MLS® X14152340.
This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.
Listing brokerage: RE/MAX CENTRE CITY REALTY INC. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X14152340. Information deemed reliable but not guaranteed.