2 - 742 Richmond Street, London East, ON N6A 3H3
East F, London East · Near Oxford · View map
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.
The home
- Type
- Sale of business
- Lot size
- 33.6 x 130.9 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Property management
- ML Corporation
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Visitor
- Total parking
- None
Taxes & other
- Property taxes
- $15,032/yr
- Tax year
- 2024
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- Oxford
- Neighbourhood
- East F
More
- MLS® number
- X12403906
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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.
742 Richmond Street, London East, ON N6A 3H3
East F, London East · Near Oxford
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Listing history for 742 Richmond 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.
Frequently asked questions about 2 - 742 Richmond Street
Answers come straight from this home’s MLS® listing.
How much is 2 - 742 Richmond Street listed for, and what would it cost each month?
2 - 742 Richmond Street is listed for $50,000. With 20% down ($10,000), the mortgage payment would be roughly $202 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,454 a month, all in. That figure is an illustration, not a quote.
Is 2 - 742 Richmond Street freehold or a condo, and is there a monthly fee?
2 - 742 Richmond Street is a sale of business in East F, 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 2 - 742 Richmond Street have a garage and parking?
Yes. The listing shows the garage as visitor. The listing does not include a parking space.
What style of home is 2 - 742 Richmond Street?
2 - 742 Richmond Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 2 - 742 Richmond Street, and what is the lot size?
The lot is listed as 33.6 x 130.9 ft.
How is 2 - 742 Richmond Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 2 - 742 Richmond Street?
Property taxes are $15,032 a year (2024), or about $1,253 a month.
Where is 2 - 742 Richmond Street?
2 - 742 Richmond Street is in the East F community of London East. The nearest main intersection is Oxford. The postal code is N6A 3H3.
Is 2 - 742 Richmond Street still for sale?
Yes. It is an active listing (MLS® X12403906). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 2 - 742 Richmond Street asking?
Similar properties for sale nearby right now include 484 Richmond Street at $60,000, 746 Richmond Street W at $39,000 and 102 - 484 E Richmond St Street E at $59,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 742 Richmond 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 2 - 742 Richmond Street?
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 F, picked by style, size and price.
Sale of business$60,000484 Richmond Street, London EastEast FCourtesy of: SUTTON GROUP - SELECT REALTYView home →
Sale of business$39,000746 Richmond Street W, London East2 bath · East FCourtesy of: SUTTON GROUP PREFERRED REALTY INC.View home →
Commercial retail$59,900102 - 484 E Richmond St Street E, London EastEast FCourtesy of: HOME STANDARDS BRICKSTONE REALTYView home →Courtesy of: NU-VISTA PINNACLE REALTY BROKERAGE INC
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.