5 - 142 Fullarton Street, London East, ON N6A 5P3
East F, London East · Near Richmond St · View map
About this home
ALL-INCLUSIVE DOWNTOWN TURNKEY RESTAURANT BUSINESS FOR SALE. Fantastic opportunity to take over a fully turnkey, established restaurant in the heart of Downtown London. Operating successfully for over 20 years, this business is ready to continue as a shawarma/Mediterranean restaurant or be adapted to your own concept. All-inclusive setup - hydro and water are included. Current Rent is $2067/month. You only pay the rent and approximately $240/month for underground parking. The commercial hood, appliances, and restaurant equipment are all included and ready to operate immediately. There is also the option to keep the existing employees and continue the business as is. The current financials are based on limited hours of approximately 11:00 AM-3:00 PM, Monday to Friday, creating significant opportunity for growth. Extend the hours to 7:00 AM-8:00 PM, add delivery, catering, breakfast or dinner service, and increase revenue. Located at 142 Fullarton Street in Talbot Centre, the restaurant benefits from strong pedestrian traffic, a loyal repeat customer base, Collège Boréal students, surrounding office towers, and major businesses including RBC and BDC. Lunchtime traffic is particularly strong, with students and downtown office employees, law offices, regularly coming through the centre. A true turnkey opportunity with established clientele, affordable operating costs, excellent downtown exposure, and plenty of room to grow.
The home
- Type
- Sale of business
- Square footage
- 500 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Garage
- Underground
- Total parking
- None
Taxes & other
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- flexible
- Cross street
- Richmond St
- Neighbourhood
- East F
More
- MLS® number
- X13652592
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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.
142 Fullarton Street, London East, ON N6A 5P3
East F, London East · Near Richmond St
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Listing history for 142 Fullarton 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 5 - 142 Fullarton Street
Answers come straight from this home’s MLS® listing.
How much is 5 - 142 Fullarton Street listed for, and what would it cost each month?
5 - 142 Fullarton Street is listed for $199,999. With 20% down ($40,000), the mortgage payment would be roughly $807 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $932 a month, all in. That figure is an illustration, not a quote.
Is 5 - 142 Fullarton Street freehold or a condo, and is there a monthly fee?
5 - 142 Fullarton 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 5 - 142 Fullarton Street have a garage and parking?
Yes. The listing shows the garage as underground. The listing does not include a parking space.
What style of home is 5 - 142 Fullarton Street?
5 - 142 Fullarton Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 5 - 142 Fullarton Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 5 - 142 Fullarton Street?
5 - 142 Fullarton Street is in the East F community of London East. The nearest main intersection is Richmond St. The postal code is N6A 5P3.
Is 5 - 142 Fullarton Street still for sale?
Yes. It is an active listing (MLS® X13652592). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 5 - 142 Fullarton Street asking?
Similar properties for sale nearby right now include R57 - 142 Fullarton Street at $69,900, 105B - 460 Wellington Street at $199,900 and 192 Dundas Street at $199,900. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 142 Fullarton 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 5 - 142 Fullarton 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$69,900R57 - 142 Fullarton Street, London EastEast FCourtesy of: BLUE FOREST REALTY INC.View home →
Office$199,900105B - 460 Wellington Street, London East1 bath · East FCourtesy of: ROYAL LEPAGE TRILAND REALTYView home →
Sale of business$199,900192 Dundas Street, London East2 bath · East FCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →Courtesy of: RE/MAX ADVANTAGE REALTY LTD.
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.