420 York Street, London East

$3,599,000
420 York Street

$3,599,000

New
15d
Investment

420 York Street, London East

Total Monthly Obligation $17,620

Beds
0
Baths
4
Park
42
DOM
15d
Property Type-Investment
MLS® Number-X13881126
Beds-0
Bathrooms-4
Lot Size-100.2 × 328 ft
Listed on site-Oct 8, 2026
Building Type-Investment
Age-31-50
Taxes-$32,729.77 (2026)
Parking-None
Heating-Gas Forced Air Closed
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm Available
Possession-Flexible
Neighbourhood-East K
Title-Commercial

No agent assigned

Prime investment opportunity in central London. The property is leased to Century 21 First Canadian Realty Corp. with a net operating income of $180,000.00 until December 31, 2027 and increasing to $204,000.00 on January 1, 2028 with the lease expiring on December 31, 2032 cap rate of 5.7% based on NOI of $204,000. Building consists of approximately 10,000 square feet with 42 on site parking spaces. Completely renovated in 2006 and a new roof was installed in May of 2026 except for canopy/overhang. Plenty of residential development in the immediate area and the property abuts the Rapid Transit Line on King Street. This would make an excellent addition to any investment portfolio.

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Closing Costs

Mortgage Amount
$2,879,200
Land Transfer Taxes$76,450
Legal Fees (Est.)
$
Total cash required for closing$797,750

Total Monthly Obligation

$17,620/mo
Mortgage $14,517
Monthly Loss $13,800
Principal$3,820
Interest$10,697
Property Tax$2,727
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 420 York Street

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