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Investment Highlights

  • Fully leased investment property with seven tenants in place.
  • Located within London's established White Oaks commercial area.
  • Community Shopping Area zoning permits a broad range of uses.
  • Diversified income stream supports stable cash flow.
  • Convenient access to major arterial roadways throughout the region.
  • Recent installation of two new HVAC units completed in 2026.

Executive Summary

1775 Ernest Avenue presents an opportunity to acquire a fully leased commercial investment property in South London’s established White Oaks area. The asset consists of 10,986 square feet of leasable area situated on a 0.985-acre site and is currently leased to seven tenants, creating diversified income from multiple occupiers. The property's established tenancy profile and recent capital improvements support its appeal for investors seeking stabilized cash flow within a mature commercial corridor.
Positioned near major arterial roadways serving London and Southwestern Ontario, the property benefits from convenient regional connectivity and accessibility for tenants, employees, and customers. The surrounding area is characterized by a mix of residential neighborhoods, retail services, professional offices, and community-oriented commercial uses that contribute to consistent local activity and demand. Community Shopping Area (CSA1) zoning permits a broad range of commercial uses, providing long-term flexibility and supporting the property's relevance within the market.
Recent ownership investment includes the installation of two new HVAC units in 2026, contributing to ongoing property maintenance and operational functionality. The combination of stable occupancy, diversified tenancy, zoning flexibility, and access to major transportation routes positions the asset as an income-producing investment opportunity within one of London's established commercial districts.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
10,987 SF
Building Class
C
Year Built
1977
Price
$4,900,000 CAD
Price Per SF
$445.98 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.99 AC
Zoning
CSA 1 - Commercial Shopping Area
Frontage
147’ on Ernest Avenue
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100

Nearby Major Retailers

GoodLife Fitness
Tim Hortons
nofrills
Scotiabank
Stacked Pancake & Breakfast House
Red Lobster
Osmow's
Farm Boy
Mucho Burrito
Pita Pit
  • Listing ID: 41592268

  • Date on Market: 2026-08-07

  • Last Updated:

  • Address: 1775 Ernest Av, London, ON N6E 2V5

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