NewFor Sale

605-607 Richmond Street
London East, Middlesex, ON, N6A 3G3

Investment
TRREB
MLS® Number: X12916794
$3,600,000List Price
InvestmentProperty Type
9,320 sq ftSize
$35,316.32 / 2025Taxes (Annual)
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Listing History

Buy/sell history for 605-607 Richmond Street, London East, ON N6A 3G3

0 Transactions by CPRB Agents

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Description

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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$35,316.32 / 2025
Listing #:X12916794
Property Type:Investment
Size:9,320 sq ft
Land Size:68.96 x 123.29
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO

Rooms

Details

Property

Property Type:Investment
Community:East F
Municipality:Middlesex

Building

Size:9,320 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Partial
Heating Type:Other
Utility Sewer:Sanitary

Land

Cross Street:Located directly at the corner of Richmond Street and Central Avenue

$3,600,000

List price

605-607 Richmond Street, London East – Investment for sale · MLS® # X12916794