163 Dundas Street E, London East

$99,000
163 Dundas Street E

$99,000

New
3d
Sale Of Business

163 Dundas Street E, London East

Total Monthly Obligation $774

Beds
0
Baths
0
Park
0
DOM
3d
Property Type-Sale Of Business
MLS® Number-X14100930
Beds-0
Listed on site-Oct 20, 2026
Building Type-Sale Of Business
Parking-None
Heating-Other
Brokerage-ROYAL LEPAGE TRILAND REALTY
Cooling-Partial
Fireplace-No
Pool-None
Possession-Immediate
Neighbourhood-East E
Title-Commercial

No agent assigned

Turnkey Convenience Store Business for Sale. An outstanding opportunity to acquire a highly successful, long-established convenience store with a remarkable history spanning over six decades. The main retail store is about 25.5' x 16.25' in size. Located at one of London's most recognized and busiest intersections-Dundas Street and Richmond Street-this thriving business enjoys exceptional visibility in the heart of the city's downtown entertainment and commercial district. Surrounded by restaurants, cafes, retail boutiques, nightlife, office towers, and major cultural destinations, the store also benefits from its close proximity to Fanshawe College's Downtown Campus, ensuring strong pedestrian traffic and a loyal, year-round customer base. Business Highlights: Premier Downtown Location with outstanding exposure and consistent walk-in traffic. Liquor Licence Approved, creating excellent opportunities for future growth and increased revenue. Multiple, diversified income streams including cigarettes, lottery, convenience merchandise, ATM services, and additional retail sales. Strong Financial Performance with year-to-date average monthly gross sales of approximately $45,500, including lottery commissions and ancillary product sales. Affordable Occupancy Costs: Monthly rent of $3,539.73 (inclusive of TMI and HST). Long-Term Lease Security: Lease in place until October 31, 2031, with renewal/extension options available. The business can offer inventory worth $7.5k- $10K at extra charges upon possession. Whether you are an experienced operator or an entrepreneur seeking a proven, cash-flowing business in one of London's highest-profile retail corridors, this is a rare turnkey opportunity with exceptional long-term potential. Opportunities of this caliber in Downtown London are seldom available-don't miss your chance to own this established and profitable business.

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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

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