4 Baths
C$3,599,000
420 YORK STREET, London East ( East K ) Ontario, N6B1R1
Property typeCommercial
Courtesy of GINO MAZZUCA with CENTURY 21 FIRST CANADIAN CORP
Overview
Active
Listed Oct 9, 2026
Updated 2 days ago
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. (id:41202)
Additional information
- MLS® ID
- X13881126
Interior Features
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.65 Acres
Other Property Details
- Taxes
- $32,730
- Tax Frequency
- Annually
Courtesy of GINO MAZZUCA with CENTURY 21 FIRST CANADIAN CORP
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