159 Albert Street
London East, ON
- 2,198 sqft
- Investment
- 219 days on market
Looking for your next great investment? 159 Albert St is a well maintained, fully leased, commercial building situated steps to Richmond Row, in the heart of downtown London. The building is comprised of two separate units, totaling approximately 2198 sq ft above grade of rentable space, with nine parking spots (rare in downtown!). The main level unit is currently rented to a barbershop. Upper level (renovated in 2025) has four separate office spaces and is rented to a psychotherapist. Units have separate heating/cooling controls. OC7 zoning allows for a wide variety of uses including business service establishments, medical/dental, office, personal service establishment, studios, financial services, and restaurants.
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2025)
- $16,334
- Listed
- January 26, 2026
Price History
Listing history
Sign in to view
Property
- Lot Size
- 33 x 165 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Richmond St & Central Ave
- Zoning
- OC7-OF8
- Parcel Number
- 082630145
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area N6A
- Population
- 13,810
- Private dwellings
- 9,768
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $61,200
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
- 1,318
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,318 recorded sales of commercial properties in London East over the last 12 months.
Listed by
COLDWELL BANKER POWER REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 2,198 sq ft
- Price per sq ft
- $329.80
- Annual property tax
- $16,334
- Tax per sq ft
- $7.43
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?