Prime investment opportunity in central London. The property is leased to Century 21 First Canadian Realty Corp. with a net operating income of $180,000.00 until December 31, 2027 and increasing to $204,000.00 on January 1, 2028 with the lease expiring on December 31, 2032. Building consists of approximately 10,000 square feet with 42 on site parking spaces. Completely renovated in 2006 and a new roof was installed in May of 2026. Plenty of residential development in the immediate area and the property abuts the Rapid Transit Line on King Street. This would make an excellent addition to any investment portfolio. (id:60297)
| MLS® Number | X13568182 |
| Property Type | Office |
| Community Name | East K |
| EquipmentType | Water Heater |
| Features | Irregular Lot Size |
| ParkingSpaceTotal | 42 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 4 |
| Age | 31 To 50 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 10000 Sqft |
| Type | Offices |
| UtilityWater | Municipal Water |
| Acreage | No |
| SizeDepth | 328 Ft |
| SizeFrontage | 100 Ft ,2 In |
| SizeIrregular | 0.65 |
| SizeTotal | 0.65 Ac |
| SizeTotalText | 0.65 Ac |
| ZoningDescription | R01/rs |
https://www.realtor.ca/real-estate/30037871/420-york-street-london-east-east-k-east-k
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