$149,900
For sale: Other

Turnkey business opportunity in a high-traffic Lambeth plaza anchored by major national tenants including Foodland, ServiceOntario. Ideal for expanding business or franchise. This perfectly-located unit benefits from consistent daily foot traffic, strong visibility, and excellent accessibility with ample on-site parking.The business is fully operational and offers a great opportunity for an owner-operator or investor looking to step into an established location with built-in exposure. Functional layout allows for efficient operations with potential to optimize or rebrand depending on the buyer's vision. Affordable entry point into a prime commercial node with steady surrounding residential growth and strong neighbourhood demographics. Ideal for entrepreneurs seeking a strategic location with proven traffic patterns and long-term upside. Assets, leasehold improvements, and goodwill included.
Sold data
Other homes in London South (South V) took a median of 21 days to sell over the last 730 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 62, across 31 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $575,000.
Homes sold for about 2.2% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
London South (South V) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.
School ratings from the Fraser Institute's Ontario school report cards.
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