130 KING STREET, London East (East K)

$99,000

For sale: Other

Other at 130 KING STREET, London East (East K)
Property type
Sale Of Business
MLS®
MLS® X14140128
Neighbourhood
East K

Own a standout bakery and café in the heart of downtown London at the historic Covent Garden Market. 'Delight' specializes in viral, realistic fruit pastries and generates approximately **$264,000 in annual net sales (excluding HST)**, with strong gross profit margins. This fully equipped, turnkey business includes existing staff, established supplier relationships, and a proven product assortment, with no baking experience required. Enjoy significantly lower overhead than a standalone shop, with base rent of just $895.56/month. The market itself is a lively destination filled with diverse merchants, special events, and year-round activity that keeps the market busy. Two active wholesale accounts provide additional revenue, with a third potential partnership in discussion. With established retail sales and opportunities to expand wholesale distribution, this is an exciting opportunity to grow within a vibrant, high-traffic market destination.

Sold data

Homes in East K — recent sold market

Homes in East K took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 80, across 79 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 89 days.

The median sale price was $319,900.

Homes sold for about 4.1% below asking on average, so there was room to negotiate.

About 9% of sales closed above the list price.

Around 34% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$319,900
Sale-to-list ratio
95.9%
Sold above asking
9%

Based on 79 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 K)

London East (East K) 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 K)

  • 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 130 KING STREET