107 & 108 - 379 Dundas Street
London East, ON
- 1,750 sqft
- Sale Of Business
- 198 days on market
Well Established and reputable Convenience Store Ideally Located At The Base Of Two Busy Residential Condo Towers With Over 500 Units. Positioned On The First Floor And Constant Foot Traffic, This Prime Location Benefits From Immediate Proximity To The Marriott Hotel, Nearby Catholic High School, And The Vibrant Downtown Core, Ensuring A Strong, Diverse, And Loyal Customer Base Year-Round. This Well-Established Business Generates Stable Monthly Sales Of Approximately $60,000 Excluding Lottery Revenue, Delivering Strong And Reliable Profits. With Cigarette Sales accounting for only about 15% of Total Revenue. Unlike Other Stores, This Location Stays Busy All Weekend With Hotel Guests Right Next Door, Ensuring High Sales And A Steady Stream Of Ready-To-Spend Customers. The Store Demonstrates A Healthy And Modern Product Mix. Beer, Wine, And Ready-To-Drink (RTD) Beverage Sales Are Rapidly Growing, Providing Excellent Opportunities For Continued Revenue Expansion And Increased Profitability. The Store Features An Efficient And Optimized Layout about 1,750 Square Feet, Maximizing Retail Display, Customer Convenience, And Operational Efficiency. Exceptionally Low Maintenance And Utility Costs With A Fixed Fee Structure Ensure Predictable Expenses And Strong Net Income. Owned And Successfully Operated By The Same Owner For 10 Years, This Business Offers Proven Stability And Performance. A Favourable New Lease Term Of 5 + 5 Years Is Available. Don't miss out this rare opportunity
Listing Details
- Listed
- February 27, 2026
Price History
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Dundas St And Colborne St
- Zoning
- Commerical
- Possession
- 30-59 days
- Occupancy
- Owner
Commercial
- Business Type
- Convenience/Variety
Community
Postal area N6B
- Population
- 11,101
- Private dwellings
- 7,181
- Median age
- 38
- Average household size
- 1.6
- Median household income
- $49,200
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
- $462,500
- Homes sold
- 1,327
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,327 recorded sales of commercial properties in London East over the last 12 months.
Listed by
CENTURY 21 NEW CONCEPT
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 1,750 sq ft
- Price per sq ft
- $153.71
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?