163 Dundas Street E, London East, ON N6A 1G4
East E, London East · Near Dundas St and Richmond St · View map
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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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
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.
163 Dundas Street, London East, ON N6A 1G4
East E, London East · Near Dundas St and Richmond St
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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.
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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.
Similar properties nearby
More properties for sale near East E, picked by style, size and price.
Sale of business$89,9901487 Dundas Street, London EastEast NCourtesy of: SHRINE REALTY BROKERAGE LTD.View home →
Sale of business$99,000130 King Street, London EastEast KCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Sale of business$99,000421 Richmond Street, London EastEast FCourtesy of: RE/MAX CENTRE CITY REALTY INCView home →Courtesy of: ROYAL LEPAGE TRILAND REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.