Salehian.com 647-325-5000

700 York Street

East L, London East, N5W 2S8

$5,800,000

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Listed 84 days ago · MLS® X13614158

About this home

Prime opportunity to acquire a fully renovated, turnkey mixed-use commercial building in a high-visibility location. This exceptional investment is currently home to four established tenants, including a dental office, Asmara Café, a security company, and a fitness gym, providing a strong and diversified income stream. In addition, the property offers vacant space that is ideal for an owner-occupier or can be leased to generate additional rental income and enhance future returns. The favourable RSC2 and RSC4 zoning permits a wide range of commercial uses, making this an excellent opportunity for investors or business owners seeking flexibility and long-term growth potential. The building has undergone extensive renovations and capital improvements, including: Roof replacement (2018) New elevator (2017) Complete office build-out (2017) Café build-out (2019) UPS system with backup generator and automatic transfer switch (2017) Eight new HVAC units installed since 2018 This well-maintained property combines stable tenancy, modern infrastructure, and future leasing potential, making it an outstanding investment opportunity for both owner-users and investors alike.

Details

Type
Office
Lot
154.93 × 268.03 ft
Garage
Other
Property tax
$39,224 (2025)
Neighbourhood
East L
Municipality
London East

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
29,097 Square Feet

More

Possession
Flexible
Cross street
york
Business type
Professional Office

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, 21 cafés and restaurants, 4 parks. Nearest park: Old East Common (600 m).

Schools nearby

Elementary

  • Aberdeen Public School
    EQAO: Gr 6 reading 65%, math 33%    11 min walk
  • Lord Roberts Public School18 min walk
  • Trafalgar Public School
    EQAO: Gr 6 reading 52%, math 9%    1.4 km
  • East Carling Public School
    EQAO: Gr 6 reading 76%, math 46%    1.7 km

Secondary

  • St. Mary's Catholic School Catholic3 min walk
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    11 min walk
  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    15 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 N5W

Owners / renters
59% / 41%
Median household income
$64,500
Average age
42
Children under 15
13%
Homes
56% detached, 9% high-rise
Commute by transit
8%
Population
24,740

Languages spoken most at home besides English: Spanish 1.3%, Portuguese 1%, Punjabi (Panjabi) 0.5%, 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

To downtown London: 2 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Dundas Subdivision)150 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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