462 Cheapside Street
London East, ON
- 5,500 sqft
- Commercial Retail
- 72 days on market
Mixed use property for sale in the heart of old north. This building is in immaculate condition with many recent upgrades / renovations completed. Two main floor commercial units; Unit 1 is leased to a bakery (total of 3,143 SF on the main and lower level) - currently on a month to month lease offering for an owner occupier opportunity; and Unit 2 is leased to an Indian grocery store (total of 1,205 SF on the main and lower level) leased until 2030 plus a 2nd floor newly-renovated 2-bedroom residential unit. Unit 1 was formerly a hair salon and offers lots of plumbing throughout the unit. 16 parking spaces on-site.
Listing Details
- Taxes (2025)
- $22,037
- Listed
- June 25, 2026
Price History
Parking
- Garage
- None
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Located on the N/W corner of Cheapside Street / Maitland Street
- Zoning
- CC
- Parcel Number
- 082340127
- Possession
- Flexible
- Occupancy
- Tenant
Community
Postal area N5Y
- Population
- 35,934
- Private dwellings
- 16,194
- Median age
- 35.6
- Average household size
- 2.3
- Median household income
- $63,600
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
- 1,325
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,325 recorded sales of commercial properties in London East over the last 12 months.
Listed by
CBRE LIMITED
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 5,500 sq ft
- Price per sq ft
- $342.73
- Annual property tax
- $22,037
- Tax per sq ft
- $4.01
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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