Description

Why Rent when you can Own? For the cost leasing, own your Space! Prime Downtown Commercial / Office / Retail / Recreational Condo Unit For Sale. Exceptional Value. Rare opportunity to acquire a 10,015 SF commercial condo unit in the heart of downtown London. Located at 390 King Street (London Towers) at the high-profile intersection of King St & Colborne St, this property offers excellent exposure within walking distance to key downtown landmarks including Delta Hotels London Armouries, Canada Life Place, Victoria Park & Richmond Row, offering immediate access to restaurants, retail & business services. Excellent opportunity for investors, professionals or businesses seeking a downtown presence at a highly competitive price point. Unit 11-15 consists of 10,015 SF of functional commercial space & is attractively priced at $575,000 ($65 PSF), representing outstanding value for downtown ownership. Property Highlights: - Total Area: 10,015 SF. - Asking Price: $575,000 ($65/PSF). - Property Taxes (2025): $10,577.94. - Condo Fees: $9,644.48/month (inclusive of common area maintenance, snow removal, building insurance & all utilities). - On-site underground parking available. - Prominent signage opportunity. - Ownership includes access to a wide range of building amenities, including indoor pool, fitness centre, sauna, party room & rooftop outdoor area. - The building features secure fob entry, is fully wheelchair accessible, and includes elevator access along with common washrooms on both the 1st & 2nd floors. - The unit is being offered under Power of Sale, presenting a unique opportunity for investors and owner-users. Zoning: DA2 & TSA5 - Retail stores, offices, Clinics / Medical / Dental, Commercial Recreational. Assembly halls, Place of worship, day care centres, financial, laboratories, Taverns, private clubs, personal service, etc.

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