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585 Talbot Street

585 Talbot Street

London East, ON

4,400 sqft • Office • 148 days on market

$1,100,000

585 Talbot Street presents a rare opportunity to acquire a substantial, freestanding office building in the heart of downtown London. This well-maintained, three-story property offers approximately 4,400 square feet of prime office space, ideally positioned for a variety of professional uses. Its strategic location provides exceptional accessibility and proximity to key amenities. Situated on Talbot Street, the property enjoys a prominent position within walking distance of London's vibrant entertainment district, including Canada Life Place and the Covent Garden Market. This central location offers unparalleled convenience for both tenants and clients. The main floor layout is broken up with 3 large offices, a waiting room, 2 bathrooms, a large executive board room and a large rear working area that can fit up to 4 additional desks. The second floor is compromised of 5 additional private offices, an additional washroom, a kitchenette, and a second large rear working area that could fit 5 additional work stations. Lastly, the third floor is a large unfinished storage area that could be converted to make additional working space. The building comes with 2 new gas furnaces, a new large water heater, 200 amp services and free on-site parking located at the rear of the building.

Listing Details

Taxes (2025)
$13,872
Listed
April 1, 2026

Price History

Listing history

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Property

Lot Size
60 x 100 Feet

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Albert Street
Zoning
OC4 R3
Parcel Number
082610052
Possession
Immediate

Commercial

Business Type
Professional Office
Occupancy
Owner+Tenant
Office / Apartment Area
4400 Sq Ft

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
$461,500
Homes sold
1,313
Median days on market
24
Sale-to-list price
97.0%

Based on 1,313 recorded sales of commercial properties in London East over the last 12 months.

Listed by

CBRE LIMITED

Location

Commercial figures

Building area
4,400 sq ft
Price per sq ft
$250.00
Annual property tax
$13,872
Tax per sq ft
$3.15

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

R

Reita | Assistant

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Reita said:

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