For Sale

419 Richmond Street, London, Ontario N6A3C8

$629,000

419 Richmond Street, London, Ontario N6A3C8 is For Sale and has a listing price of 629,000. The property is located in the neighbourhood. It's been on the website for 62 Days.

  • Retail
    Property Type
  • MLS ID: X9371875
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Property Description

Turn-key mixed use commercial/residential property in the heart of Downtown London. Located on Richmond St., near DundasSt. in a high visibility building with great street presence. Exposure to thousands of cars each day and pedestrian traffic alongthe new Dundas Place Flex Street. Main floor retail space. Two residential apartments have been updated and are rented at$1,700 and $1200 per month. Shared laundry facilities on-site. Just around the corner from Budweiser Gardens and FanshaweCollege Downtown Campus. Ample public parking nearby.Excellent return on investment. Copy of commercial lease and income and expense statements available upon request.Do not miss this opportunity to build your real estate portfolio! (id:43137)

Property Details
  • MLS ID: X9371875
  • Price: $629,000
  • Transaction Types: For Sale
  • Ref ID: 27477768
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
09/26/2024 40654241 $678,880 For Sale - -
09/26/2024 X9371875 $629,000 For Sale - -
03/09/2024 40549283 $699,800 For Sale - -
03/09/2024 X8129384 $699,800 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London
  • $721,044 Average List Price
    based on 1 year
  • 309 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 239.46 % Up
  • Sold (12mo) 1,290
  • Rented (12mo) 314

  • 1 Month Change -11.4%
  • 3 Month Change +3.1%
  • 6 Month Change +4.0%
Walkscore
  • 51 Walk Score
    Somewhat Walkable
  • 73 Transit Score
    Excellent Transit
  • 86 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    71.96%
  • Commercial
    4.1%
  • Condo
    23.82%
  • Land for Sale
    0.11%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Other
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 26/09/2024 00:00:00
  • Zoning C-i
  • Agent Name: AMR M KASSEM
  • Last Updated: 14/02/2025 03:37:43
Open House Dates
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