420 YORK STREET,London East (East K),Ontario,N6B1R1
For sale
$3,599,000
420 YORK STREET,London East (East K),Ontario,N6B1R1
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:63658)
PROPERTY SUMMARY
| MLS® # | : | X13881126 |
| Listing price | : | $3,599,000 |
| Listed on | : | 18-10-2026 |
| Property subtype | : | For sale |
| Square footage | : | 10000 sqft |
| Year built | : | 0000 |
| Listing office | : | CENTURY 21 FIRST CANADIAN CORP |
BEDROOM & BATHROOM
| Total bedrooms | : | 0 Bedrooms |
| Total bathrooms | : | 4 Bathrooms |
BUILDING
| Building type | : | |
| Parking | : |