7A - 611 Wonderland Road

London North, ON

2 bath
1,178 sqft
Sale Of Business
125 days on market

$249,000

Located next to T&T Supermarket and near Costco, Grand Tang Chinese Cuisine is a well-known Chinese eatery in North-West London. Nestled in a bustling commercial hub with high-rise buildings and various retail stores, it enjoys excellent public transit connections to Western University, Fanshawe College, White Oaks Mall, and Masonville Mall. Operated successfully by its current owner for over a decade, Grand Tang Chinese Cuisine has a loyal customer base and consistent performance, yet it still has great growth potential. The restaurant operates on a limited schedule - open just 3 days a week from 5 PM to 9 PM for dine-in dinner only, without takeout or a liquor license, and closes for 3 months each year. The 1,178-square-foot space accommodates 34 seats, with affordable rent and a lease that has three years remaining.

Listing Details

Taxes (2026): $274,129
Listed: May 4, 2026

Price History

Listing history

Property

Age: 31-50
Lot Size: 201.16 x 739 Feet

Parking

Garage: None

Utilities

Sewer: Sanitary

Location & Legal

Cross Street: OXFORD ST W
Zoning: CSA4
Parcel Number: 080750008
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Restaurant

Included

Exclusions: Inventory is not included in the price.
Rental Items: hot water heater

Community

Postal area N6H

Population: 44,215
Private dwellings: 20,694
Median age: 38.8
Average household size: 2.3
Median household income: $71,000

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 North · last 12 months

Median sold price: $651,000
Homes sold: 1,370
Median days on market: 27
Sale-to-list price: 97.4%

Based on 1,370 recorded sales of commercial properties in London North over the last 12 months.

Listed by

RIGHT AT HOME REALTY

Walk Score

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Location

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Commercial figures

Building area: 1,178 sq ft
Price per sq ft: $211.38
Annual property tax: $274,129
Tax per sq ft: $232.71

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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