711 Richmond Street, London East, ON N6A 3H1
East F, London East · Near Richmond St & Piccadilly St · View map
About this home
Prime Turnkey Restaurant for Sale on Richmond Row, London. Attention Restaurateurs and Culinary Entrepreneurs! Step into a fully operational, highly visible venue in the absolute heart of London's bustling Richmond Row. This exceptional turnkey business is ready for you to launch or expand your culinary vision without the massive upfront costs and delays of a complete build-out. PROPERTY HIGHLIGHTS:The Space: Fully licensed and ready to operate. Includes a modern CCTV security system and a fully furnished dining room with all seating and TVs included.The Kitchen: Designed for high-volume service, featuring a 10-burner gas stove, gas deep fryer, table-top grill, dual exhaust hoods, three refrigerators, four freezers, and stainless steel prep tables.The License: Valuable liquor license already in place (transfer subject to AGCO approval), allowing you to maximize revenue from day one.The Lease: Secure lease running through June 30, 2027, with two additional 5-year renewal options for long-term peace of mind.The Potential: Incredible late-night business potential. Located directly across from Molly Bloom's and steps from local bars, this is the perfect spot to capture the university student crowd and late-night diners. Seamlessly integrate with Uber Eats and SkipTheDishes to further enhance your sales. Highly flexible permitted use allows for fast food or virtually any restaurant concept.This is a complete sale of business assets with a seamless lease assignment. Don't miss your chance to take over a fully equipped space and start serving your first customers immediately!
The home
- Type
- Sale of business
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- Flexible - TBA
- Cross street
- Richmond St & Piccadilly St
- Neighbourhood
- East F
More
- MLS® number
- X14152340
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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.
711 Richmond Street, London East, ON N6A 3H1
East F, London East · Near Richmond St & Piccadilly St
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Listing history for 711 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 711 Richmond Street
Answers come straight from this home’s MLS® listing.
How much is 711 Richmond Street listed for, and what would it cost each month?
711 Richmond Street is listed for $239,900. With 20% down ($47,980), the mortgage payment would be roughly $968 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,118 a month, all in. That figure is an illustration, not a quote.
Is 711 Richmond Street freehold or a condo, and is there a monthly fee?
711 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 711 Richmond Street 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 711 Richmond Street?
711 Richmond Street is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 711 Richmond Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
Where is 711 Richmond Street?
711 Richmond Street is in the East F community of London East. The nearest main intersection is Richmond St & Piccadilly St. The postal code is N6A 3H1.
Is 711 Richmond Street still for sale?
Yes. It is an active listing (MLS® X14152340). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 711 Richmond Street asking?
Similar properties for sale nearby right now include 11 - 551 Richmond Street at $274,000, 587 Oxford Street E at $249,999 and 5 - 142 Fullarton Street at $199,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 711 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 711 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$274,00011 - 551 Richmond Street, London East2 bath · East FCourtesy of: KING REALTY INC.View home →
Sale of business$249,999587 Oxford Street E, London East3 bath · East FCourtesy of: THRIVE REALTY GROUP INC.View home →
Sale of business$199,9995 - 142 Fullarton Street, London EastEast FCourtesy of: RE/MAX ADVANTAGE REALTY LTD.View home →Courtesy of: RE/MAX CENTRE CITY REALTY 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.