675 Adelaide Street
London East, ON
10,000 sqft • Commercial Retail • 325 days on market
An exciting opportunity for investors and owner-occupiers! This opportunity includes a package of three adjacent properties located at 675 Adelaide Street North, 681Adelaide Street North, and 598 Pall Mall Street in London, Ontario. Offering a mix of commercial and residential spaces, this parcel is strategically positioned on a high-traffic corner lot adjacent to the new multi-million dollar Adelaide Street Underpass, making it ideal for business or redevelopment potential. The properties encompass a total land area of approximately 0.65 acres, with commercial zoning (AC4), providing flexible use options. A large newly erected pylon sign provides excellent exposure and branding opportunity. The properties must be sold together, presenting a consolidated investment that is perfect for developers, investors, and owner-occupiers seeking to expand their portfolio or position their business in a prominent location. NOTE: The Seller would consider offering VTB financing to a serious Buyer. **EXTRAS** Property taxes for 2025 are as follows for all three buildings: 681 Adelaide St N: $3,637.77 (ARN 393602020008500 / PIN 082780233), 675 Adelaide St N: $47,257.35 (ARN 393602020008800 / PIN 082780266), 598 Pall Mall St: $3,989.82 (ARN 393602020008900 / PIN 082780235).
Listing Details
- Taxes (2025)
- $47,257
- Listed
- October 1, 2025
Price History
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Located on Adelaide Street, south of Oxford Street.
- Zoning
- AC4
- Parcel Number
- 082780266
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
- Office / Apartment Area
- 7900 Sq Ft
Included
- Rental Items
- 598 Pall Mall - furnace
Community
Postal area N5Y
- Population
- 35,934
- Private dwellings
- 16,194
- Median age
- 35.6
- Average household size
- 2.3
- Median household income
- $63,600
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 East · last 12 months
- Median sold price
- $460,000
- Homes sold
- 1,317
- Median days on market
- 24
- Sale-to-list price
- 97.1%
Based on 1,317 recorded sales of commercial properties in London East over the last 12 months.
Listed by
COLLIERS SOUTHWESTERN ONTARIO
Location
Commercial figures
- Building area
- 10,000 sq ft
- Price per sq ft
- $210.00
- Annual property tax
- $47,257
- Tax per sq ft
- $4.73
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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