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.
Key Facts:
Tax:
$32,730 / 2026
Property Type:
Investment
Building Age:
31-50 years
Sq. ft. size
10000 sq. ft.
Lot Size:
100.2 x 328 feet
Lot Irregularities:
PT LT 12 , N/E YORK STREET , PART 1 , 33R6166 , S/T 755349 ; LONDON
Parking:
42 spaces
Possession:
2026-12-01
Listing #:
X13881126
Days on Site:
27 days
Status Change:
25 days ago
Added to CiRealty:
2026-10-09
Updated on:
2026-10-09
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 420 York St, London East. Listed for $3,599,000 on 2026-10-09
Property
Property Type:
Investment
Style:
Office
Community:
East K
Municipality:
London East
Inside
Bathrooms:
4
Utilities
Water:
Municipal
Cooling:
Y
Heating Type:
Gas Forced Air Closd
Building
Size:
10000 sq. ft.
Building Age:
31-50 years
Parking
Garage Type:
None
Driveway Spaces:
42
Total Parking Spaces:
42
Land
Sewer:
San+Storm Avail
Frontage:
100.2 feet
Depth:
328 feet
Cross Street:
Burwell Street
Property
Property Type:
Investment
Style:
Office
Community:
East K
Municipality:
London East
Building
Size:
10000 sq. ft.
Building Age:
31-50 years
Parking
Garage Type:
None
Driveway Spaces:
42
Total Parking Spaces:
42
Inside
Bathrooms:
4
Land
Sewer:
San+Storm Avail
Frontage:
100.2 feet
Depth:
328 feet
Cross Street:
Burwell Street
Utilities
Water:
Municipal
Cooling:
Y
Heating Type:
Gas Forced Air Closd
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