




1/6575 RICHMOND STREET, London East (East F), ON N6A3G2
$19 per sq ft / yr
—
Asset Class
Retail
Size
—
Building class
A
Zoning
CNC — Neighbourhood Commercial
$ / SF
—
Occupancy
91%
Prime retail opportunity in the heart of Downtown London's vibrant Richmond Row district. This beautifully renovated 1,105 SF storefront at 575 Richmond St offers exceptional street presence, modern finishes, large display windows, high ceilings, and strong pedestrian exposure surrounded by restaurants, boutiques, bars, offices, and high-density residential towers. The space features an open concept retail layout with additional storage area in the rear/lower level, making it ideal for a wide range of business uses under BDC(1) zoning including retail boutiques, clothing stores, jewelry stores, salons, aesthetics/beauty uses, wellness services, studios, cafes, offices, specialty food shops, personal service establishments, creative agencies, and more. Located in one of London's busiest urban corridors with constant foot traffic from students, professionals, and downtown residents. Turnkey opportunity for businesses looking to establish themselves in a highly sought-after downtown location. Asking $19 net + $14.16 additional rents ($3,053.48 monthly) plus HST and utilities. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$0
Projected NOI
$1
Annual cash flow
$-0
Cash-on-cash
-2.51%
DSCR
0.86
Going-in cap
4.79%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
129,693
Households
51,748
Median income
$138,000
Median age
39.5
Daytime population
196,507
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 575 RICHMOND STREET, London East (East F).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.