420 York Street, London East, ON N6B 1R1
London East, ON N6B 1R1
About this property
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.
Property facts & features
- Property type
- Investment
- MLS® number
- X13881126
- Source status
- New
- Bedrooms
- Not provided
- Bathrooms
- 4
- Reported interior area
- 10000
- Neighbourhood
- Not provided
- Postal code
- N6B 1R1
- Garage
- None
- Lot depth (source units)
- 328
- Annual property tax
- 32729.77
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $3,599,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in London East →Listing brokerage: CENTURY 21 FIRST CANADIAN CORP. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13881126. Information deemed reliable but not guaranteed.