262 Dundas Street
London East, ON
- 1,561 sqft
- Sale Of Business
- 200 days on market
Excellent Opportunity To Purchase A Convenience Store Building In A Prime And Busy Downtown Core. Located Directly Across From The Central Public Library, Surrounded By Numerous Office Buildings And Banks. Currently Operated With Short Business Hours: Monday To Friday: 7:30AM - 6:00PM, Saturday To Sunday: 8:30AM - 5:00PM. Average Monthly Sales Are Approximately $28,000. Lotto Commission Averages About $2,000 Per Month. Magazines Account For 50% Of Total Sales With A Profit Margin Of 20%. There Is Significant Potential To Increase Revenue Through Extended Hours, Expanded Product Selection, And The Addition Of Beer And Wine Sales. The Current Owner Has Successfully Operated This Business For 24 Years And Is Now Planning To Retire. Don't Miss This Great Opportunity!
Listing Details
- Taxes (2025)
- $6,460
- Listed
- February 23, 2026
Price History
Property
- Lot Size
- 14.52 x 111 Feet
Parking
- Garage
- Other
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Wellington St. & Dundas St.
- Zoning
- DA1
- Parcel Number
- 082650038
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Convenience/Variety
Included
- Inclusions
- See Schedule C
- Exclusions
- See Schedule C
- Rental Items
- See Schedule C
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
- $462,000
- Homes sold
- 1,332
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,332 recorded sales of commercial properties in London East over the last 12 months.
Listed by
CENTURY 21 NEW CONCEPT
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,561 sq ft
- Price per sq ft
- $255.61
- Annual property tax
- $6,460
- Tax per sq ft
- $4.14
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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