L10 - 186 King Street, London East, ON N6A 1C7
East K, London East · Near Richmond St. · View map
About this home
Rare turnkey restaurant opportunity in the heart of Downtown London. This fully equipped 1,700 SF space features a large commercial exhaust hood, functional kitchen layout, and seating for up to 55 patrons. Located in one of London's busiest downtown corridors, directly in front of the City's new Bus Rapid Transit corridor, the property benefits from high pedestrian and vehicle traffic, making it an ideal location for dine-in service, takeout, and delivery-focused concepts. Surrounded by office towers, retail businesses, entertainment venues, and hundreds of residential units, including approximately 200 apartment units directly above the space. Just steps from the Covent Garden Market and Canada Life Place, home to major sporting events, concerts, and year-round attractions. A large public parking lot directly in front of the restaurant provides convenient customer parking, while secured employee parking is available next door for an additional fee. Net rent $35 per SF + TMI $7.50 per SF ($6,020.83 monthly) plus HST and utilities.
The home
- Type
- Commercial retail
- Square footage
- 1700 sq ft
- Lot size
- 84.7 x 198 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $8/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Richmond St.
- Neighbourhood
- East K
More
- MLS® number
- X13413152
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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.
186 King Street, London East, ON N6A 1C7
East K, London East · Near Richmond St.
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Listing history for 186 King 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 L10 - 186 King Street
Answers come straight from this home’s MLS® listing.
How much is L10 - 186 King Street listed for, and what would it cost each month?
L10 - 186 King Street is listed for $35. With 20% down ($7), the mortgage payment would be roughly $0 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1 a month, all in. That figure is an illustration, not a quote.
Is L10 - 186 King Street freehold or a condo, and is there a monthly fee?
L10 - 186 King Street is a commercial retail 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 L10 - 186 King 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 L10 - 186 King Street?
L10 - 186 King Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is L10 - 186 King Street, and what is the lot size?
The lot is listed as 84.7 x 198 ft.
How is L10 - 186 King Street heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for L10 - 186 King Street?
Property taxes are $8 a year (2026), or about $1 a month.
Where is L10 - 186 King Street?
L10 - 186 King Street is in the East K community of London East. The nearest main intersection is Richmond St.. The postal code is N6A 1C7.
Is L10 - 186 King Street still for sale?
Yes. It is an active listing (MLS® X13413152). Listings here update from the board through the day and come down once a home sells.
What are similar properties near L10 - 186 King Street asking?
Similar properties for sale nearby right now include 182 York Street at $25. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 186 King 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 L10 - 186 King 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: EXP REALTY
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.