Unit B - 362 Richmond Street, London East, ON N6A 3C3
East K, London East · Near King St and Richmond St · View map
About this home
Excellent opportunity to lease approximately 1,550 sq ft of main level retail space located on Richmond Street, just steps from the high-traffic intersection of Richmond St & King St in the heart of downtown London. This central location offers strong exposure along one of the city's busiest corridors, with Richmond Street traffic volumes estimated at approximately 27,000-28,000 vehicles per day, plus steady pedestrian and transit activity. The space offers a functional open layout suitable for a variety of commercial uses, positioned within a high-density downtown environment surrounded by retail, restaurants, offices, and entertainment, including Covent Garden Market and Budweiser Gardens. Serviced by multiple London Transit routes, providing convenient access for both customers and staff. Ideal for retail, service-based businesses, or professional uses seeking an affordable downtown presence with consistent traffic flow and proximity to key amenities. the space is not currently restaurant ready but is an excellent location for a tenant looking for a space to make their own! Maintenance, utilities, and HST in addition to base rent. Flexible possession available.
The home
- Type
- Commercial retail
- Square footage
- 1550 sq ft
- Lot size
- 40 x 99.2 ft
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
- Property taxes
- $30,000/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- flexible move in date
- Cross street
- King St and Richmond St
- Neighbourhood
- East K
More
- MLS® number
- X13014152
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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.
362 Richmond Street, London East, ON N6A 3C3
East K, London East · Near King St and Richmond St
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Listing history for 362 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 Unit B - 362 Richmond Street
Answers come straight from this home’s MLS® listing.
How much is Unit B - 362 Richmond Street listed for, and what would it cost each month?
Unit B - 362 Richmond Street is listed for $1,950. With 20% down ($390), the mortgage payment would be roughly $8 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,508 a month, all in. That figure is an illustration, not a quote.
Is Unit B - 362 Richmond Street freehold or a condo, and is there a monthly fee?
Unit B - 362 Richmond 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 Unit B - 362 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 Unit B - 362 Richmond Street?
Unit B - 362 Richmond Street is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is Unit B - 362 Richmond Street, and what is the lot size?
The lot is listed as 40 x 99.2 ft.
How is Unit B - 362 Richmond Street heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for Unit B - 362 Richmond Street?
Property taxes are $30,000 a year (2025), or about $2,500 a month.
Where is Unit B - 362 Richmond Street?
Unit B - 362 Richmond Street is in the East K community of London East. The nearest main intersection is King St and Richmond St. The postal code is N6A 3C3.
Is Unit B - 362 Richmond Street still for sale?
Yes. It is an active listing (MLS® X13014152). Listings here update from the board through the day and come down once a home sells.
What are similar properties near Unit B - 362 Richmond Street asking?
Similar properties for sale nearby right now include B - 189 Dundas Street at $1,950, 202 - 339 Horton Street E at $1,911 and REAR - 313 Horton Street at $2,295. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 362 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 Unit B - 362 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 K, picked by style, size and price.
Commercial retail$1,950B - 189 Dundas Street, London EastEast KCourtesy of: RIGHT AT HOME REALTYView home →
Commercial retail$1,911202 - 339 Horton Street E, London EastEast KCourtesy of: RIGHT AT HOME REALTYView home →
Commercial retail$2,295REAR - 313 Horton Street, London East1 bath · East KCourtesy of: EXP REALTYView 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.