389 LYLE STREET

London East (East L), , N5W3R6, Canada

$497,000

This exceptional commercial property presents a prime investment opportunity in a desirable London location. The approx. 2,300-square-foot building, situated between York, King, and Dundas Streets, offers convenient on-site around 12 car parking. Its versatile zoning accommodates a wide range of business uses. Recent renovations, totaling approximately $130,000, include a newly converted four-bedroom, two-bathroom residential unit upstairs, which is currently rented with monthly rent of CAD $ 1800. Oct 2025 - new roof. The main floor offers significant potential for various commercial ventures, such as office space, restaurants, or wellness centers. This unique property combines the benefits of live-in accommodation and a ground-floor business area, ideally suited for entrepreneurs seeking to minimize living expenses while operating their business. Further enhancing its appeal are wheelchair accessibility features, controlled entry with video surveillance, and an owned hot water tank.

EXTRAS: Washer, Dryer

Last updated on : Monday 3rd of November 2025 01:25:24 PM

ADDRESS

Street : 389 LYLE STREET

City : London East (East L)

Country : Canada

Postal Code : N5W3R6

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PROPERTY SUMMARY

Property ID : X12454905

Building Type : Other

Property Type : Retail

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