478-484 Richmond Street, London East, ON N6A 3E6
East F, London East · Near Dufferin Ave · View map
About this home
Excellent opportunity to acquire a well-maintained 11,078 SF commercial property in the heart of downtown London at Richmond Street and Dufferin Avenue, overlooking Victoria Park. Zoned DA2 with on-site parking, the property permits a wide range of uses including retail, restaurants, offices, clinics, medical/dental, schools, art galleries, assembly halls and commercial recreation. The building is occupied by established tenants including Commonwealth Coffee, Stobie's Pizza, Roli Poli Ice Cream and Umiga Sushi, all secured on leases, while the vacant 5,777 SF second floor offers freshly updated office space ideal for an owner-user. Seller can provide a one year lease if desired. A strong opportunity for both owner-users and investors seeking a prominent downtown asset with existing income and long-term flexibility. Current NOI of $253,327.86
The home
- Type
- Investment
- Square footage
- 11078 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $34,676/yr
- Tax year
- 2025
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Dufferin Ave
- Neighbourhood
- East F
More
- MLS® number
- X13853296
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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.
478-484 Richmond Street, London East, ON N6A 3E6
East F, London East · Near Dufferin Ave
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Listing history for 478-484 Richmond 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 478-484 Richmond Street
Answers come straight from this home’s MLS® listing.
How much is 478-484 Richmond Street listed for, and what would it cost each month?
478-484 Richmond Street is listed for $1. With 20% down ($0), the mortgage payment would be roughly $0 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,890 a month, all in. That figure is an illustration, not a quote.
Is 478-484 Richmond Street freehold or a condo, and is there a monthly fee?
478-484 Richmond Street is a investment 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 478-484 Richmond Street have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 478-484 Richmond Street?
478-484 Richmond Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 478-484 Richmond Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 478-484 Richmond Street?
Property taxes are $34,676 a year (2025), or about $2,890 a month.
Where is 478-484 Richmond Street?
478-484 Richmond Street is in the East F community of London East. The nearest main intersection is Dufferin Ave. The postal code is N6A 3E6.
Is 478-484 Richmond Street still for sale?
Yes. It is an active listing (MLS® X13853296). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 478-484 Richmond Street asking?
Similar properties for sale nearby right now include 204-206 Dundas Street at $1, 210 Dundas Street at $1 and 201 Hamilton Road at $1. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 478-484 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 478-484 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.
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Courtesy of: THRIVE REALTY GROUP 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.