605-607 Richmond Street, London East, ON N6A 3G3, London East, ON
9320.0 sqft
Prime Residential/Commercial Investment Opportunity. Position your portfolio for success with this exceptional mixed-use property located at the high-profile intersection of Richmond Street & Central Avenue, one of London's most sought-after and heavily trafficked urban corridors. Directly across from Victoria Park and Starbucks this iconic three-storey building offers unmatched visibility and foot traffic in a premier downtown setting. This exceptional offering includes Three Storey mixed-use building featuring main-level commercial retail units and second-floor residential apartments. The property delivers consistent annual income with a solid tenant mix and long-term upside. Ideal for investors seeking cash flow, asset appreciation, and future redevelopment potential. Breakdown of Commercial/Residential: 4 Commercial Units/Tenants - Total of 3,500 SF among the commercial tenants. 8 Residential Apartment Units (# - 1 Bedroom Units & # - 2 Bedroom Units). Commercial Tenants include: Marcello Hair Stylist, Babaz Shawarma Plus, Ozen Restaurant and ATM machine. Site Area: 0.97 acres. Asking Price: $3,600,000. Steady Income year to year. $230,000 Net Income/Year. Full Sale Package Addresses: 605-607 Richmond Street and 208 Central Avenue, London.
Property Highlights
For Sale
MLS NO.
X12916794
Type
Commercial
Sub Type
Investment
Square Footage
9320.0 sqft
Complete Property Details
Property Type
Commercial
Sub Type
Investment
Transaction Type
For Sale
Status
Active
Contract Status
Available
MLS® Number
X12916794
Security Features
No
Lot Width
68.96
Lot Size
0.187
Lot Size Units
Acres
Garage Type
Outside/Surface
Cooling
Partial
Heat Type
Other
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
605-607 Richmond Street, London East, ON N6A 3G3
City
London East
Neighbourhood
East F
County / Region
Middlesex
Province / State
ON
Postal Code
N6A 3G3
Cross Street
Located directly at the corner of Richmond Street and Central Avenue
Directions
Located directly at the corner of Richmond Street and Central Avenue
Country
CA
List Price
$3,600,000
Annual Taxes
$35,316
Tax Year
2025
Legal Description
PT LT 1 N CENTRAL AV & W RICHMOND ST PLAN 167(W), PTS 1, 2 & 7 33R7212; S/T & T/W 745929 LONDON
Possession Type
Immediate
Possession Details
Flexible
Listing Office
CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO
Board
London and St. Thomas Association of REALTORS
Original Entry
2026-03-24T21:05:24Z
Media Updated
2026-04-27T16:49:57Z
Photos Updated
2026-04-27T16:49:57Z
Last Modified
2026-03-26T13:05:49Z
System Modified
2026-04-27T16:49:57.075707Z
MLS Status
New
Basement Yn
Yes
Ddfyn
Yes
Expiration Date
2026-06-30
Heat Type Multi
Other
Hstapplication
In Addition To
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
082630069
Public Remarks
Prime Residential/Commercial Investment Opportunity. Position your portfolio for success with this exceptional mixed-use property located at the high-profile intersection of Richmond Street & Central Avenue, one of London's most sought-after and heavily trafficked urban corridors. Directly across from Victoria Park and Starbucks this iconic three-storey building offers unmatched visibility and foot traffic in a premier downtown setting. This exceptional offering includes Three Storey mixed-use building featuring main-level commercial retail units and second-floor residential apartments. The property delivers consistent annual income with a solid tenant mix and long-term upside. Ideal for investors seeking cash flow, asset appreciation, and future redevelopment potential. Breakdown of Commercial/Residential: 4 Commercial Units/Tenants - Total of 3,500 SF among the commercial tenants. 8 Residential Apartment Units (# - 1 Bedroom Units & # - 2 Bedroom Units). Commercial Tenants include: Marcello Hair Stylist, Babaz Shawarma Plus, Ozen Restaurant and ATM machine. Site Area: 0.97 acres. Asking Price: $3,600,000. Steady Income year to year. $230,000 Net Income/Year. Full Sale Package Addresses: 605-607 Richmond Street and 208 Central Avenue, London.