N5Y Retail Spaces for Sale

N5Y Retail Space for Sale

462 Cheapside St

London, ON N5Y 3X2

Retail for Sale
$1,885,000 CAD
5,500 SF

London Retail for Sale

Mixed use property for sale in the heart of old north. This building is in immaculate condition with many recent upgrades / renovations completed. Two main floor commercial units; Unit 1 is leased to a bakery (total of 3,143 SF on the main and lower level) - currently on a month to month lease offering for an owner occupier opportunity; and Unit 2 is leased to an Indian grocery store (total of 1,205 SF on the main and lower level) leased until 2030 plus a 2nd floor newly-renovated 2-bedroom residential unit. Unit 1 was formerly a hair salon and offers lots of plumbing throughout the unit. 16 parking spaces on-site.

Contact:

CBRE Canada

Date on Market:

2026-06-29

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Retail Spaces for Sale Within 5 kilometers of N5Y

532 Dundas St

London, ON N6B 1W6

Retail for Sale
$1,799,900 CAD
2,805 SF

London Retail for Sale

An exceptional investment opportunity awaits with this centrally located 13-unit property along London’s prominent Dundas Street corridor. The portfolio encompasses three well-maintained buildings: a duplex, a fourplex, and a three-story structure featuring seven units. Together, they deliver a strong unit mix of 12 residential apartments plus one additional unit configured for either commercial or residential tenancy—historically utilized as a residential unit. Currently, 11 of 13 units are occupied at market-level rents, with all residences having undergone recent updates to interiors and key building systems. Amenities such as on-site parking for four vehicles, coin-operated laundry in the fourplex, and shared laundry in the duplex enhance tenant convenience and operational efficiency. Professional management currently in place is willing to remain, providing a seamless transition for investors seeking a turnkey, low-touch asset. Situated within walking distance of essential services, public transit, and major employers, this property benefits from exceptional accessibility and a steady rental demand. A projected gross income of approximately $198,067, paired with anticipated net operating income exceeding $125,000 annually, underscores the strength and predictability of this investment in the vibrant Downtown London market.