700 YORK STREET
London East (East L), Ontario
MLS® X13614158
$5,800,000
- Status
- Active
- Property type
- Office
- MLS® number
- X13614158
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 49Listing description
Prime opportunity to acquire a fully renovated, turnkey mixed-use commercial building in a high-visibility location. This exceptional investment is currently home to four established tenants, including a dental office, Asmara Café, a security company, and a fitness gym, providing a strong and diversified income stream. In addition, the property offers vacant space that is ideal for an owner-occupier or can be leased to generate additional rental income and enhance future returns.
The favourable RSC2 and RSC4 zoning permits a wide range of commercial uses, making this an excellent opportunity for investors or business owners seeking flexibility and long-term growth potential. The building has undergone extensive renovations and capital improvements, including: Roof replacement (2018) New elevator (2017) Complete office build-out (2017) Café build-out (2019) UPS system with backup generator and automatic transfer switch (2017) Eight new HVAC units installed since 2018 This well-maintained property combines stable tenancy, modern infrastructure, and future leasing potential, making it an outstanding investment opportunity for both owner-users and investors alike.
Property summary
- MLS® number
- X13614158
- Property type
- Office
- Building type
- Offices
- Size
- 29,097 sq ft
- Land size
- 154.93 x 268.03 FT
- Annual property taxes
- $39,224.00
- Parking
- 90 spaces · Other
- Days on market
- 62 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Lot features
- Elevator
What would this home cost you?
Based on the $5,800,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP, LONDON.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.