NewFor Sale

587 Lambton Street
London East, Middlesex, ON, N5Y 4G1

Office
TRREB
MLS® Number: X13798498
$864,900List Price
OfficeProperty Type
2,330.38 sq ftSize
$10,143.5 / 2026Taxes (Annual)
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Listing History

Buy/sell history for 587 Lambton Street, London East, ON N5Y 4G1

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Description

LOCATED AT ADELAIDE / LAMBTON. HIGH TRAFFIC COUNT. Rare freehold mixed-use opportunity with income, office space and exceptional flexibility. Located in London, this OC5/R2-2 property combines an established main-floor office configuration with a separately rented 2-bedroom residential apartment above. The main level features two flexible office spaces, kitchenette and 2-piece bathroom, providing an excellent setup for an owner-user, professional office or service-based business. The upper apartment offers 2 bedrooms, full bathroom, updated kitchen finishes and refinished hardwood flooring, providing a residential component. Finished basement offering additional living space with an existing kitchen area and plumbing in place, providing potential for future use. Basement has not been rented in many years. Buyer to verify continued use. 8 on-site parking spaces add significant value for both business and residential users. Additional updates include a metal roof and eavestroughs (2020/21), two owned hot water tanks (2020), newer front door, dedicated bell fibre optic line and various updates throughout the home. The property is equipped with two furnaces, with one serving the main and lower levels and the other dedicated to the upper-level apartment. Double-brick construction with additional insulation provides excellent sound separation, making the interior remarkably quiet. A rare opportunity to own a flexible mixed-use property with multiple potential revenue streams.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$10,143.5 / 2026
Listing #:X13798498
Property Type:Office
Building Age:51-99
Size:2,330.38 sq ft
Land Size:48.85 x 143.71
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RE/MAX CENTRE CITY REALTY INC.

Rooms

Details

Property

Property Type:Office
Community:East B
Municipality:Middlesex

Building

Size:2,330.38 sq ft
Building Age:51-99

Inside

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

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Closed

Land

Cross Street:Lambton / Adelaide

$864,900

List price

587 Lambton Street, London East – Office for sale · MLS® # X13798498 | CPRB