885 Hamilton Road
London East, ON
- 2,368 sqft
- Sale Of Business
- 115 days on market
An Exceptional Investment Opportunity Awaits! Presenting One Of The Top-Performing Flower Shops Combined With A Convenience Store, Located At A High-Traffic, Highly Visible Location In The City. This Well-Established Business Comes With A Spacious Residential Component, Including A Combined Three-Bedroom Unit (One-Bedroom And Two-Bedroom Units), Offering The Flexibility To Live On-Site Or Generate Additional Rental Income. With A Proven Track Record Of Over 21 Years Of Successful Operation By The Current Owner, This Business Is Known For Its High Profit Margins And Consistent Revenue. Situated In A Prime Location With Excellent Exposure, The Property Benefits From Steady Foot And Vehicle Traffic, Making It A Go-To Destination For Both Daily Essentials And Floral Needs. The Property Features Ample On-Site Parking, Making It Convenient For Customers And Residents Alike. Recent Upgrades Include A Brand-New Roof Installed In 2022 And Professionally Repaired Basement Walls Completed In 2024.This Is A Business Offering Potential For Growth And Expansion. "Adding Beer, RTDs, and Wine can boost sales potential." Whether You Are An Investor Seeking A Profitable Venture Or An Entrepreneur Looking To Own A Business With Built-In Residential Income, This Rare Opportunity Should Not Be Missed.
Listing Details
- Taxes (2025)
- $5,115
- Listed
- May 19, 2026
Price History
Property
- Lot Size
- 24.77 x 63.65 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Hamilton / Highbury
- Zoning
- Commercial
- Parcel Number
- 083420086
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Convenience/Variety
- Office / Apartment Area
- 1184 Sq Ft
Community
Postal area N5Z
- Population
- 24,067
- Private dwellings
- 11,008
- Median age
- 40
- Average household size
- 2.3
- Median household income
- $64,500
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
- 1,330
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,330 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
- 2,368 sq ft
- Price per sq ft
- $282.94
- Annual property tax
- $5,115
- Tax per sq ft
- $2.16
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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