551 York Street, London East (East K) - Retail for Sale
551 York Street, London East (East K), Ontario, N6B1R6
9,479 ft²113 × 162 ft (18,326 sq ft) lot sizeListed 29 days ago
Overview
This retail property in London East is for sale offering roughly 9,479 sq ft of space. It has been on the market 29 days, fresher than the London East average of 87 days.
9,479 sq. ft. multi-use commercial building on York Street in London. It Consists of a 2,930 sq. ft. showroom, 2,930 sq. ft. second-floor office, and 3,619 sq. ft. warehouse with a truck-level door. RSC2 & RSC4 zoning allows a variety of uses e.g Daycare, personal service establishments, financial institutions, and much more Corner site with 2 entrances, well-located with convenient access to downtown and major routes. High visibility signage. Roof was replaced in 2021. Showroom and offices have been renovated. Office features 5 private rooms, executive boardroom, multiple washrooms, and a kitchenette. On site shower. PERMITTED USES: Automotive Repair garages, Automotive Rental establishments, DAYCARE centres, Animal clinics, kennels. Convenience stores, convenience services, bulk beverage, catalogue, home & auto supply, home improvement & furnishing, florist, bake shops, financial institutions, personal services, duplicating, dry cleaning & laundry, restaurants, studios, video rental, self-storage establishments. (RSC2,RSC4) (id:66096)
Property Details
MLS®
X13873658
Property Type
Retail
Zoning
RSC 2 & RSC4
Interior Size
9,479 ft²
Lot Size
113 × 162 ft (18,326 sq ft)
Frontage
112 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$29,926.45/yr
Listed
29 days ago
Services
Water
Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Days on market
29d
London East (East K) listings, avg age
87d
Price / ft²
$142
List price
$1.35M
Extended: 29 days on market, against an average age of 87 days across the listings currently for sale in this city
Market timing · days on market0 → 87d avg age of current listings
Extended · day 29
Haho
This retail in London East (East K) has been listed for 29 days, which is 58 days fresher than the city average of 87. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
Nearby Places
Area context
Neighbourhood profile (N6B)
This home lists at $1,349,000, about 27.4× the local median household income of $49,200.
Carrying it typically needs a household income of about $263,507 (20% down, 25-yr amortization, stress-tested) — roughly 436% above the area median.
Median household income
$49,200
Population
11,101
Median age
38
Owner / renter
23% / 77%
Avg. household size
1.6
Source: Statistics Canada, 2021 Census (FSA N6B)
$1,349,000· $142/ft²
For sale
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