421 Richmond Street, London East

$99,000
421 Richmond Street

$99,000

New
9d
Sale Of Business

421 Richmond Street, London East

Total Monthly Obligation $774

Beds
0
Baths
0
Park
0
DOM
9d
Property Type-Sale Of Business
MLS® Number-X14034502
Beds-0
Listed on site-Oct 14, 2026
Building Type-Sale Of Business
Parking-None
Heating-Gas Forced Air Open
Brokerage-RE/MAX CENTRE CITY REALTY INC
Cooling-Yes
Fireplace-No
Pool-None
Possession-1-29 days
Neighbourhood-East F
Title-Commercial

No agent assigned

Located on Richmond Row near the corner of Dundas. This is a turn key restaurant opportunity and includes a newer hood system (2019), updated appliances, newer electrical system. Furniture excluded. Seating capacity of 25. Main floor consists of851 square feet plus a partially finished basement with 2 washrooms and additional storage. This is a gross lease with monthly rent of $3,000.00 plus utilities. All seating has been removed. New terms to be negotiated. Immediate possession available

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Closing Costs

Mortgage Amount
$79,200
Land Transfer Taxes$715
Legal Fees (Est.)
$
Total cash required for closing$22,015

Total Monthly Obligation

$774/mo
Mortgage $399
Monthly Loss $669
Principal$105
Interest$294
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 421 Richmond Street

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