102 - 484 RICHMOND ST STREET E, London East (East F)

$59,900

For sale: Other

Other at 102 - 484 RICHMOND ST STREET E, London East (East F)
Property type
Commercial Retail
MLS®
MLS® X14096782
Neighbourhood
East F

Sushi Restaurant( takeout only) Prime Located in the heart of London Downtown, this well-established restaurant is surrounded by high-rise condos, commercial and residential properties and Victoria Park with a loyal client base and excellent exposure on Richmond St / Dufferin Ave. This turn-key opportunity at one of London's busiest and most vibrant strips in a high-traffic area. Open 5-1/2 days a week for Great Income. The business has established partnerships with top delivery platforms like UberEats and SkipTheDishes which the new owner can easily take over.Huge potential to increase revenue by adding catering and opening at Sunday and late-night hours with added To different types of food (Sushi Burrito, Sushi Taco, Maki Roll, Bubble Tea, Dessert Or Any Other General Retail Uses to brings in more revenue.) Approx. 700 sq. ft. Two parking spaces in front. Extra storage space In basementOpen 5-1/2 days a week! Remaining Lease Until December 31th, 2027+5 Years Renewable.**EXTRAS** All Existing Appliances In The Shop.Very reasonable rent, low operating costs. Rent $2,187.91/ Monthly +Hydro $200.00/M.

Sold data

Homes in East F — recent sold market

Homes in East F took a median of 42 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 70, across 92 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 82 days.

The median sale price was $447,450.

Homes sold for about 3.6% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
42
Median sale price
$447,450
Sale-to-list ratio
96.4%
Sold above asking
8%

Based on 92 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in London East (East F)

London East (East F) has 116 Fraser Institute–rated schools (97 elementary and 19 secondary), averaging 5.5/10.

Rated schools
116
Elementary
97
Secondary
19
Average rating
5.5 / 10

Top-rated schools in London East (East F)

  • John Dearness — elementary, LondonFraser rating 9.8/10
  • St George — elementary, LondonFraser rating 9.1/10
  • Jack Chambers — elementary, LondonFraser rating 8.8/10
  • Sir Arthur Currie — elementary, LondonFraser rating 8.8/10
  • London Central — secondary, LondonFraser rating 8.7/10
  • Ryerson — elementary, LondonFraser rating 8.7/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 102 - 484 RICHMOND ST STREET E