131 Waterloo Street
London East, ON
- 1,500 sqft
- Commercial Retail
- 57 days on market
Excellent opportunity to acquire a freestanding commercial building in a high-visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, the property is well placed to benefit from increasing population density, pedestrian traffic, and ongoing neighbourhood revitalization. Currently operated as a convenience store, the business is not included in the sale and will close prior to possession, giving a new owner the opportunity to establish their own convenience store or compatible neighbourhood retail operation. The property offers strong street exposure, an established commercial presence, and convenient access to a growing residential customer base. Its existing retail use may also provide a smoother transition for buyers seeking to continue a similar operation, subject to verification of intended use, licensing, and municipal requirements. With its freestanding configuration, prominent location, and proximity to significant residential redevelopment, this property is an attractive opportunity for an owner-operator, investor, or entrepreneur seeking long-term growth potential in one of London's evolving urban corridors.
Listing Details
- Taxes (2026)
- $5,419
- Listed
- July 10, 2026
Price History
Listing history
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Property
- Lot Size
- 51.06 x 66.91 Feet
Parking
- Garage
- Single Detached
Location & Legal
- Cross Street
- Waterloo St & Hill St
- Zoning
- R3-1
- Parcel Number
- 083290072
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- N/A
- Exclusions
- N/A
- Rental Items
- Hot Water Tank (Rental Cost: $9.76)
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
- 1,325
- 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
HOMELIFE FRONTIER REALTY INC.
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 1,500 sq ft
- Price per sq ft
- $346.00
- Annual property tax
- $5,419
- Tax per sq ft
- $3.61
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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