420 York Street
East K, London East, N6B 1R1
$3,599,000
- 4 bathrooms
Listed 11 days ago · MLS® X13881126
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.
Details
- Type
- Investment
- Age
- 31-50 years
- Lot
- 100.2 × 328 ft
- Garage
- None
- Property tax
- $32,730 (2026)
- Neighbourhood
- East K
- Municipality
- London East
Interior
- Bathrooms
- 4 × bathroom
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm Available
- Utilities
- Available
Building and exterior
- Age
- 31-50 years
- Building area
- 10,000 Square Feet
More
- Possession
- Flexible
- Cross street
- Burwell Street
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 39 cafés and restaurants, 3 parks. Nearest park: Campbell Memorial Park (400 m).
Schools nearby
Elementary
- Aberdeen Public School
EQAO: Gr 6 reading 65%, math 33%11 min walk - Lord Roberts Public School13 min walk
- St George's Public School Catholic
EQAO: Gr 6 reading 90%, math 81%1.7 km - Tecumseh Public School
EQAO: Gr 6 reading 83%, math 53%1.8 km
Secondary
- H.B. Beal Secondary School
EQAO: Gr 9 math 56%, literacy test 79%6 min walk - Catholic Central High School Catholic
EQAO: Gr 9 math 57%, literacy test 89%6 min walk - London Central Secondary School
EQAO: Gr 9 math 81%, literacy test 91%12 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 N6B
- Owners / renters
- 23% / 77%
- Median household income
- $49,200
- Average age
- 42
- Children under 15
- 8%
- Homes
- 13% detached, 42% high-rise
- Commute by transit
- 14%
- Population
- 11,101
Languages spoken most at home besides English: Spanish 1.1%, Portuguese 0.8%, Arabic 0.6%, Polish 0.5%.
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 (Dundas Subdivision)100 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 CENTURY 21 FIRST CANADIAN CORP.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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