420 York Street, London East, Ontario N6B 1R1

Listed for:
$3,800,000
0 beds
4 baths
Listed 32 days ago
Offices for rent: 420 York Street, London East, Ontario N6B 1R1

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About

Cross Streets: Burwell Street. ** Directions: Located on the northwest corner of York and Burwell Streets. 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:27476)

Property Highlights

MLS® Number
X13568182
Type
Office
Community Name
East K
Land Size
0.65 ac
Parking Space Total
42

Building

Building Type
Offices
Square Footage
10000 sqft
Bathrooms Total
4
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
CENTURY 21 FIRST CANADIAN CORP
MLS® number:
X13568182
Agent:
Gino Mazzuca
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