19 Adelaide Street S, London South

$490,000
19 Adelaide Street S

$490,000

New
227d
Sale Of Business

19 Adelaide Street S, London South

Total Monthly Obligation $3,010

Beds
0
Baths
0
Park
0
DOM
227d
Property Type-Sale Of Business
MLS® Number-X12865098
Beds-0
Lot Size-80 × 115 ft
Listed on site-Mar 10, 2026
Building Type-Sale Of Business
Taxes-$7,900 (2025)
Parking-None
Heating-Electric Forced Air
Brokerage-CENTURY 21 FIRST CANADIAN CORP
Cooling-Yes
Fireplace-No
Pool-None
Possession-Flexible
Neighbourhood-South L
Title-Commercial

No agent assigned

A rare opportunity to acquire a flagship Mobil-branded gas station and convenience store in one of Londons highest-traffic locations. Established in 1985, this operation offers over four decades of consistent revenue, community trust, and the strength of a globally recognized brand. Situated prominently at the signalized corner of Adelaide Street South and Thompson Street, the site benefits from unmatched visibility to more than 26,000 vehicles per day, steady walk-in traffic, and direct access to established residential neighbourhoods immediately behind the property. The convenience store spans approximately 1,200 square feet and features dual washrooms, on-site parking, and an efficient layout designed for customer flow and operational ease. Current lease terms are approximately $6,500 plus HST net per month under a cross-lease arrangement, providing stability for long-term operators. The purchase price is in addition to the cost of inventory at closing. This property represents a recession-resistant business model anchored by fuel and retail sales, with significant future upside potential through ancillary services such as lottery, ATM, foodservice, or parcel pickup. An exceptionally well-located, turnkey business in one of London's busiest corridors, this offering provides immediate cash flow and long-term security.

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Closing Costs

Mortgage Amount
$392,000
Land Transfer Taxes$6,275
Legal Fees (Est.)
$
Total cash required for closing$105,775

Total Monthly Obligation

$3,010/mo
Mortgage $1,977
Monthly Loss $2,490
Principal$520
Interest$1,456
Property Tax$658
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 19 Adelaide Street S

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