London East, ON
420 York Street
$3,599,000
Data last updated Oct 31, 2026, 4:10 a.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $3,599,000
- Type
- investment
- Bedrooms
- 0
- Bathrooms
- 4
- Size
- 10,000 sq ft
- MLS®
- X13881126
- Status
- active
- Brokerage
- CENTURY 21 FIRST CANADIAN CORP
About this home
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 cap rate of 5.7% based on NOI of $204,000. 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 except for canopy/overhang. 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.
Location
More details
- Property tax
- $32,730 (2026)
- Days on market
- 23
- Style
- Office
- Year built
- 31-50
- Lot
- 100.2 × 328 Feet
- Parking
- 42 spaces · None
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Neighbourhood
- East K
- Major intersection
- Burwell Street
Details from PropTx (TRREB MLS®) via Repliers. Information deemed reliable but not guaranteed.