Salehian.com 647-325-5000

186 King Street L10

East K, London East, N6A 1C7

$35/mo

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Listed 134 days ago · MLS® X13413152

About this home

Rare turnkey restaurant opportunity in the heart of Downtown London. This fully equipped 1,700 SF space features a large commercial exhaust hood, functional kitchen layout, and seating for up to 55 patrons. Located in one of London's busiest downtown corridors, directly in front of the City's new Bus Rapid Transit corridor, the property benefits from high pedestrian and vehicle traffic, making it an ideal location for dine-in service, takeout, and delivery-focused concepts. Surrounded by office towers, retail businesses, entertainment venues, and hundreds of residential units, including approximately 200 apartment units directly above the space. Just steps from the Covent Garden Market and Canada Life Place, home to major sporting events, concerts, and year-round attractions. A large public parking lot directly in front of the restaurant provides convenient customer parking, while secured employee parking is available next door for an additional fee. Net rent $35 per SF + TMI $7.50 per SF ($6,020.83 monthly) plus HST and utilities.

Details

Type
Commercial Retail
Lot
84.68 × 198.04 ft
Garage
None
Property tax
$8 (2026)
Neighbourhood
East K
Municipality
London East

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
1,700 Square Feet

Rental terms

Minimum term
36 months

More

Possession
Flexible
Cross street
Richmond St.
Business type
Hospitality/Food Related

Location

Location is approximate. See nearby homes on the map

The neighbourhood

Getting around Very walkable

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 4 grocery stores, 86 cafés and restaurants, 19 parks, 1 pharmacy. Nearest grocery: Doris Family Produce (250 m). Nearest park: Market Lane (250 m).

Schools nearby

Elementary

  • Lord Roberts Public School17 min walk
  • Aberdeen Public School
    EQAO: Gr 6 reading 65%, math 33%    1.4 km
  • St. Martin Separate School Catholic
    EQAO: Gr 6 reading 87%, math 42%    1.5 km
  • Victoria Public School
    EQAO: Gr 6 reading 42%, math 5%    1.6 km

Secondary

  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    10 min walk
  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    13 min walk
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    17 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N6A

Owners / renters
29% / 71%
Median household income
$61,200
Average age
41
Children under 15
7%
Homes
19% detached, 55% high-rise
Commute by transit
12%
Population
13,810

Languages spoken most at home besides English: Spanish 1.1%, Mandarin 1%, Portuguese 0.8%, Arabic 0.6%.

Safety

Crime Severity Index for London police: 73 vs 57 for Ontario (2025).

Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.

Living here

Commute

Noise 1 source nearby

  • 🚆 Rail line (Strathroy Subdivision)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by EXP REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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