UNIT B - 362 RICHMOND STREET, London East (East K)
$2,500/mo
For rent: Other
- Property type
- Commercial Retail
- MLS®
- MLS® X13014152
- Neighbourhood
- East K
Excellent opportunity to lease approximately 1,550 sq ft of main level retail space located on Richmond Street, just steps from the high-traffic intersection of Richmond St & King St in the heart of downtown London. This central location offers strong exposure along one of the city's busiest corridors, with Richmond Street traffic volumes estimated at approximately 27,000-28,000 vehicles per day, plus steady pedestrian and transit activity. The space offers a functional open layout suitable for a variety of commercial uses, positioned within a high-density downtown environment surrounded by retail, restaurants, offices, and entertainment, including Covent Garden Market and Budweiser Gardens. Serviced by multiple London Transit routes, providing convenient access for both customers and staff. Ideal for retail, service-based businesses, or professional uses seeking an affordable downtown presence with consistent traffic flow and proximity to key amenities. the space is not currently restaurant ready but is an excellent location for a tenant looking for a space to make their own! Maintenance, utilities, and HST in addition to base rent. Flexible possession available.
Sold data
Other homes in London East (East K) — recent sold market
Other homes in London East (East K) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.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 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 UNIT B - 362 RICHMOND STREET
$1,970/mo
OtherREAR - 175R DUNDAS STREET, East K, London East
$1,970/mo
Other177B DUNDAS STREET, East K, London East
$2,385.82/mo
Other201 - 339 HORTON STREET E, East K, London East
$1,911.41/mo
Other202 - 339 HORTON STREET E, East K, London East
$2,573.52/mo
Other203 - 339 HORTON STREET E, East K, London East
$8,330.83/mo
Other5 - 691 RICHMOND STREET, East F, London East
$3,453.13/mo
Other4 - 691 RICHMOND STREET, East F, London East
$4.75/sqft
OtherG20A - 339 WELLINGTON ROAD, South G, London South