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New · Listed Oct 9, 2026 · 20 days on market

420 York Street, London East, ON N6B 1R1

$3,599,000

Commercial · Investment · 10000 sq ft · For Sale

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 summary

TypeCommercial
SubtypeInvestment
Building area10000 Square Feet
Bathrooms4
Lot size100.2 × 328 ft
Taxes$32,730 / yr
Parking42
GarageNone
Possession30-59 days
OccupantTenant
Property
Age31-50
Lot size0.65
Lot width100.2
Lot depth328
Lot shapeIrregular
Building & Loading
Clear height (ft)8
Power & Services
Heating typeGas Forced Air Closed
SewerSanitary+Storm Available
UtilitiesAvailable
Residential
Bathrooms4
Zoning & Taxes
Taxes / yr$32,730
Tax year2026
Interested in this property?
Book a viewing or ask us anything — a Central Commercial Realty agent will respond within one business day.

Data provided by TRREB. Listed by CENTURY 21 FIRST CANADIAN CORP.

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CC Susan — Central Commercial
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