For saleMLS® X14100930

163 Dundas Street E, London East, ON N6A 1G4

East E, London East · Near Dundas St and Richmond St · View map

$99,000
650Sq ft
Sale of businessType
NoneParking
$99,000
FreeholdNo monthly condo fee

About this home

Turnkey Convenience Store Business for Sale. An outstanding opportunity to acquire a highly successful, long-established convenience store with a remarkable history spanning over six decades. The main retail store is about 25.5' x 16.25' in size. Located at one of London's most recognized and busiest intersections-Dundas Street and Richmond Street-this thriving business enjoys exceptional visibility in the heart of the city's downtown entertainment and commercial district. Surrounded by restaurants, cafes, retail boutiques, nightlife, office towers, and major cultural destinations, the store also benefits from its close proximity to Fanshawe College's Downtown Campus, ensuring strong pedestrian traffic and a loyal, year-round customer base. Business Highlights: Premier Downtown Location with outstanding exposure and consistent walk-in traffic. Liquor Licence Approved, creating excellent opportunities for future growth and increased revenue. Multiple, diversified income streams including cigarettes, lottery, convenience merchandise, ATM services, and additional retail sales. Strong Financial Performance with year-to-date average monthly gross sales of approximately $45,500, including lottery commissions and ancillary product sales. Affordable Occupancy Costs: Monthly rent of $3,539.73 (inclusive of TMI and HST). Long-Term Lease Security: Lease in place until October 31, 2031, with renewal/extension options available. The business can offer inventory worth $7.5k- $10K at extra charges upon possession. Whether you are an experienced operator or an entrepreneur seeking a proven, cash-flowing business in one of London's highest-profile retail corridors, this is a rare turnkey opportunity with exceptional long-term potential. Opportunities of this caliber in Downtown London are seldom available-don't miss your chance to own this established and profitable business.

The home

Type
Sale of business
Square footage
650 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Air conditioning
Partial

Garage & parking

Total parking
None

Taxes & other

Tax year
2025
Occupancy
Owner
Possession
Immediate
Cross street
Dundas St and Richmond St
Neighbourhood
East E

More

MLS® number
X14100930

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Want to know something that isn’t listed?
Estimated monthly cost$461per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    163 Dundas Street, London East, ON N6A 1G4

    East E, London East · Near Dundas St and Richmond St

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    Sold history

    Listing history for 163 Dundas Street

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 163 Dundas Street E

    Answers come straight from this home’s MLS® listing.

    How much is 163 Dundas Street E listed for, and what would it cost each month?

    163 Dundas Street E is listed for $99,000. With 20% down ($19,800), the mortgage payment would be roughly $399 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $461 a month, all in. That figure is an illustration, not a quote.

    Is 163 Dundas Street E freehold or a condo, and is there a monthly fee?

    163 Dundas Street E is a sale of business in East E, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 163 Dundas Street E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 163 Dundas Street E?

    163 Dundas Street E is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 163 Dundas Street E heated and cooled?

    Cooling is partial.

    Where is 163 Dundas Street E?

    163 Dundas Street E is in the East E community of London East. The nearest main intersection is Dundas St and Richmond St. The postal code is N6A 1G4.

    Is 163 Dundas Street E still for sale?

    Yes. It is an active listing (MLS® X14100930). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 163 Dundas Street E asking?

    Similar properties for sale nearby right now include 1487 Dundas Street at $89,990, 130 King Street at $99,000 and 421 Richmond Street at $99,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 163 Dundas Street sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 163 Dundas Street E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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