Salehian.com 647-325-5000

742 Richmond Street 2

East F, London East, N6A 3H3

$50,000

Reduced $50,000 from $100,000

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Listed 400 days ago · MLS® X12403906

About this home

At the busy intersection of Oxford and Richmond Rd with the one of Best blocks for business in the downtown London, THE K GRILL represents not only A well established business , A popular brand in the communities, but also equipped with high end massive kitchen exhaust system( fully upgraded 2023) coolers, freezers , top notch cooking tools, utensils and furnitures. The kitchen is huge to fulfill the new owners ambitions, the dining area is spacious with 96 seats. The enormous free parkings are at rear with easy access to the K GRILL, the countless businesses in the area are drawing numerous customers. With the UWO just a few kilometers away, the K GRILL is surrounded by the students housing and vast residential areas. The business was prosperous with many customers coming from all over the city. Now, The owner has another business to take care of in another city, the K GRILL MUST BE SOLD. The total operating area is 2868 square foot , rent is $6200 with the effective long term lease.contact the listing agent for more details, serious inquiries only.

Details

Type
Sale Of Business
Lot
33.62 × 130.92 ft
Garage
Visitor
Property tax
$15,032 (2024)
Neighbourhood
East F
Municipality
London East

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes

More

Possession
Flexible
Cross street
Oxford
Business type
Fast Food/Takeout

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: 1 grocery store, 44 cafés and restaurants, 7 parks, 2 pharmacies. Nearest grocery: Your Independent Grocer (100 m). Nearest park: Piccadilly Park (300 m).

Schools nearby

Elementary

  • St George's Public School Catholic
    EQAO: Gr 6 reading 90%, math 81%    9 min walk
  • Jeanne-Sauvé Public School
    EQAO: Gr 6 reading 97%, math 58%    15 min walk
  • Ryerson Public School17 min walk
  • Lord Roberts Public School17 min walk

Secondary

  • London Central Secondary School
    EQAO: Gr 9 math 81%, literacy test 91%    15 min walk
  • Catholic Central High School Catholic
    EQAO: Gr 9 math 57%, literacy test 89%    1.4 km
  • H.B. Beal Secondary School
    EQAO: Gr 9 math 56%, literacy test 79%    1.7 km

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

To downtown London: 1 km. Transit times · Driving times

Noise 1 source nearby

  • 🚆 Rail line (Windsor 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 NU-VISTA PINNACLE REALTY BROKERAGE INC.

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

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