L138 - 1680 RICHMOND STREET, London North (North G)

$249,900

For sale: Other

Other at L138 - 1680 RICHMOND STREET, London North (North G)
Property type
Sale Of Business
Bedrooms / bathrooms
2 bathrooms
MLS®
MLS® X13778898
Neighbourhood
North G

This QSR Re-brand opportunity in London, is now available, offering an established and internationally recognized dessert/café concept. This premium location is situated within CF Masonville Place in North London, one of the city's busiest and most prominent shopping centres, providing exceptional exposure, strong pedestrian traffic, and access to a large and diverse customer base. The space features remarkable interior design with top notch millwork, chattels, fixtures & equipment including 4 foot hood/vent w/ fire suppression + 1200 Sq Ft in a open and efficient layout with seating for 20 interior/ 20 patio, plus an additional 10 seats within the mall common isle area. The unit benefits from dual exposure, with both interior mall frontage and exterior visibility, maximizing brand presence and accessibility within a high-volume retail environment. The premises are ideally suited for a dessert, café, and quick-service concept, with a modern and efficient setup designed to support streamlined operations. Lease rate is $17,900 gross per month, inclusive of TMI, CAM, and all utilities. This is an excellent opportunity to Re-brand in a premier London shopping-centre setting, with the potential to continue similar uses or other cuisine with Landlord approval. Please do not go direct or speak to staff or ownership. All inquiries and showings must be arranged exclusively through the listing agent.

Sold data

Other homes in London North (North G) — recent sold market

Other homes in London North (North G) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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.

Median days to sell
21
Median sale price
$575,000
Sale-to-list ratio
97.8%
Sold above asking
19%

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

Schools in London North (North G)

London North (North G) 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 North (North G)

  • 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 L138 - 1680 RICHMOND STREET