53-55 High Street

London South, ON

2,000 sqft • Store W Apt/Office • 386 days on market

$899,990

Great Investment Opportunity at High Traffic Location. Corner Lot Provides Great Exposure and Flexibility for a Variety of Uses. Property Has Been Well Maintained and Consists of 2 Retail Units on Ground Level, 2 Separate Residential Units on Upper(2-Bedroom Unit & Bachelor Unit with Separate Kitchens and Full Bathrooms) for Extra Rental Income. Profitable and Stable Business for Over 30 Years With LLBO, Tobacco, Lottery Licenses, Owner Retiring, Inventory Included. Future New Bus Terminal and New Office Building Right Across the Street. Huge Potential for Future Redevelopment.

Listing Details

Taxes (2024): $5,817
Listed: August 5, 2025

Price History

Property

Lot Size: 106.27 x 23.56 Feet

Location & Legal

Cross Street: Wellington/Grand Ave
Zoning: CC
Possession: Flexible

Commercial

Occupancy: Owner
Office / Apartment Area: 700 Sq Ft

Community

Postal area N6C

Population: 30,629
Private dwellings: 14,812
Median age: 41.6
Average household size: 2.1
Median household income: $75,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in London South · last 12 months

Median sold price: $585,000
Homes sold: 1,895
Median days on market: 27
Sale-to-list price: 97.5%

Based on 1,895 recorded sales of commercial properties in London South over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Location

Commercial figures

Building area: 2,000 sq ft
Price per sq ft: $450.00
Annual property tax: $5,817
Tax per sq ft: $2.91

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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