342 RICHMOND STREET

London East (East K), , N6A3C3, Canada

$999,900

Prime investment opportunity in the heart of Downtown London! Welcome to 342 Richmond Street, a fully tenanted mixed-use commercial building that perfectly blends income-generating potential with modern upgrades. Featuring an established ground-level storefront and five beautifully renovated residential units, three spacious 2-bedroom, 1-bathroom apartments and two cozy 1-bedroom, 1-bathroom units, this property is designed to attract quality tenants. Each residential unit showcases updated finishes, ensuring long-term tenant satisfaction, while the convenience of on-site laundry adds extra appeal. Recent improvements include a brand-new roof, offering peace of mind for years to come. With a stellar net operating income of $111,000 annually and a high-demand location amidst Londons bustling core, this property is a rare find. Just steps from trendy shops, dining, and cultural landmarks, this property offers an exceptional opportunity to own a turnkey asset in a thriving urban center. Don't miss your chance to capitalize on this premium downtown cash cow!

Last updated on : Tuesday 28th of April 2026 03:30:42 PM

ADDRESS

Street : 342 RICHMOND STREET

City : London East (East K)

Country : Canada

Postal Code : N6A3C3

Open in Google Map

PROPERTY SUMMARY

Property ID : X13054230

Building Type : Residential Commercial Mix

Property Type : Retail

Similar Properties

Retail

1286 ONTARIO STREET

Burlington (Brant), Ontario, L7S1E8

$1,390,000

property Type: Residential Commercial Mix

type: Sale

HARCH KAUR
3 weeks ago

DETAILS

Retail

453 KING STREET EAST EAST

Hamilton (Landsdale), Ontario, L8N1C5

$799,000

property Type: Other

type: Sale

DAVID BOERSMA
1 day ago

DETAILS

Retail

9 MILL STREET WEST WEST

Halton Hills (AC Acton), Ontario, L7J1G3

$799,900

property Type: Residential Commercial Mix

type: Sale

MANMOHAN KHROUD
9 hours ago

DETAILS

Retail

636 CAMPBELL STREET

Huron-Kinloss (Lucknow), Ontario, N0G2H0

$279,000

property Type: Other

type: Sale

TAMMY PATTERSON
2 weeks ago

DETAILS

Retail

264 MURRAY STREET

Brantford, Ontario, N3S5S5

$200,000

property Type: Other

type: Sale

Angie Tokarz
1 day ago

DETAILS

Inquire about this property