511 Quebec Street, London East (East G), Ontario, N5W3Y8
This retail property in London East is for sale offering roughly 1,625 sq ft of space.
511 Quebec Street is a highly visible corner property offering a mix of commercial and residential potential. The main floor features a well-established convenience store, operating as a beloved neighborhood staple for over 26 years as the current owners now prepare for a well-deserved retirement. Upstairs is a 2-bedroom, 1-bathroom apartment with a separate entrance that provides excellent long-term rental income potential or a convenient zero-commute living space for an owner-operator. The property also features a full basement equipped for abundant business inventory storage and laundry facilities. This is a turnkey chance to take over a legacy community business or bring your own entrepreneurial vision to life in a vibrant, growing district. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 122 days on market, against an average age of 72 days across the listings currently for sale in this city
This retail in London East (East G) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,000, about 10.1× the local median household income of $64,500.
Carrying it typically needs a household income of about $126,772 (20% down, 25-yr amortization, stress-tested) — roughly 97% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5W)
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