420 York Street, London East, ON N6B 1R1
East K, London East · Near Burwell Street · View map
About this home
Prime investment opportunity in central London. The property is leased to Century 21 First Canadian Realty Corp. with a net operating income of $180,000.00 until December 31, 2027 and increasing to $204,000.00 on January 1, 2028 with the lease expiring on December 31, 2032 cap rate of 5.7% based on NOI of $204,000. Building consists of approximately 10,000 square feet with 42 on site parking spaces. Completely renovated in 2006 and a new roof was installed in May of 2026 except for canopy/overhang. Plenty of residential development in the immediate area and the property abuts the Rapid Transit Line on King Street. This would make an excellent addition to any investment portfolio.
The home
- Type
- Investment
- Square footage
- 10000 sq ft
- Bathrooms
- 4
- Lot size
- 100.2 x 328 ft
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Driveway spaces
- 42
- Total parking
- 42
Taxes & other
- Property taxes
- $32,730/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Burwell Street
- Neighbourhood
- East K
More
- MLS® number
- X13881126
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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.
420 York Street, London East, ON N6B 1R1
East K, London East · Near Burwell Street
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Listing history for 420 York 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 420 York Street
Answers come straight from this home’s MLS® listing.
How much is 420 York Street listed for, and what would it cost each month?
420 York Street is listed for $3,599,000. With 20% down ($719,800), the mortgage payment would be roughly $14,517 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $17,245 a month, all in. That figure is an illustration, not a quote.
Is 420 York Street freehold or a condo, and is there a monthly fee?
420 York Street is a investment in East K, 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 420 York Street have a garage and parking?
The listing does not show a garage. The driveway adds 42 spaces. In total the listing counts 42 parking spaces.
What style of home is 420 York Street?
420 York Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 420 York Street, and what is the lot size?
The lot is listed as 100.2 x 328 ft.
How is 420 York Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 420 York Street?
Property taxes are $32,730 a year (2026), or about $2,727 a month.
Where is 420 York Street?
420 York Street is in the East K community of London East. The nearest main intersection is Burwell Street. The postal code is N6B 1R1.
Is 420 York Street still for sale?
Yes. It is an active listing (MLS® X13881126). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 420 York Street asking?
Similar properties for sale nearby right now include 345 HORTON Street E at $4,595,000, 1720 Gore Road at $3,200,000 and 2065 Piper Lane at $2,950,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 420 York 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 420 York 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 K, picked by style, size and price.
Commercial retail$4,595,000345 HORTON Street E, London EastEast KCourtesy of: RIGHT AT HOME REALTYView home →
Sale of business$3,200,0001720 Gore Road, London EastEast PCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Industrial$2,950,0002065 Piper Lane, London East3 bath · East ECourtesy of: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LPView home →Courtesy of: CENTURY 21 FIRST CANADIAN CORP
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.