haho.ca
$129,000
For sale

#1 456 Wharncliffe Road South, London South (South G) - Business for Sale

#1 456 Wharncliffe Road South, London South (South G), Ontario, N6J2M9

1 bathListed 42 days ago
Overview

This business in London South is for sale.

Description

Well-Established Convenience Store & Canada Post Outlet in a high-traffic location. Rare opportunity to acquire a long-standing retail business with 15 years of continuous operation. The business is well established in the community and features a busy Canada Post outlet, complemented by lottery sales, passport photo services and an alteration/dry-cleaning depot. Positioned within a major commercial corridor, with approximately 33,000 vehicles passing daily, the location offers excellent visibility and exposure, with ample parking. The surrounding plaza is home to established businesses including Pita Pita Middle Eastern Cuisine, Subway and Midas, creating a strong commercial environment and consistent customer activity. An attractive lease term further supports the opportunity for a buyer looking for long-term stability. There is additional potential to grow the business through extended operating hours and the introduction of additional products and services, subject to applicable approvals. The Landlord has also approved, at the Tenant's expense, a separate front entrance for a potential vape shop, subject to City approval and all other applicable requirements. Inventory extra. NDA required for release of financial information. (id:66096)

Property Details

MLS®
X13826286
Property Type
Business
Business Type
Retail and Wholesale
Zoning
HS2
Bathrooms
1
Frontage
209 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$47,371/yr
Listed
42 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
42d
London South (South G) listings, avg age
35d
List price
$129K

Extended: 42 days on market, against an average age of 35 days across the listings currently for sale in this city

Haho

This business in London South (South G) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX ADVANTAGE REALTY LTD. · CHANDARY OUCH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6J)

This home lists at $129,000, about 2.0× the local median household income of $65,000.

Carrying it typically needs a household income of about $25,198 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$65,000
Population
27,497
Median age
43.6
Owner / renter
49% / 51%
Avg. household size
2.1

Source: Statistics Canada, 2021 Census (FSA N6J)

$129,000
For sale

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Financing

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$129,000

London South

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