131 Waterloo St is a retail in London, listed for $519,000.
1The property offers strong street exposure, an established commercial presence, and convenient access to a growing residential customer base.
2Its existing retail use may also provide a smoother transition for buyers seeking to continue a similar operation, subject to verification of intended use, licensing, and municipal requirements.
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Commercial Property in London
About 131 Waterloo Street
Excellent opportunity to acquire a freestanding commercial building in a high-visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, the property is well placed to benefit from increasing population density, pedestrian traffic, and ongoing neighbourhood revitalization. Currently operated as a convenience store, the business is not included in the sale and will close prior to possession, giving a new owner the opportunity to establish their own convenience store or compatible neighbourhood retail operation. The property offers strong street exposure, an established commercial presence, and convenient access to a growing residential customer base. Its existing retail use may also provide a smoother transition for buyers seeking to continue a similar operation, subject to verification of intended use, licensing, and municipal requirements. With its freestanding configuration, prominent location, and proximity to significant residential redevelopment, this property is an attractive opportunity for an owner-operator, investor, or entrepreneur seeking long-term growth potential in one of London's evolving urban corridors.
London retail priced at $519,000 — book a tour to see if it fits your search.
Inside 131 Waterloo St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
131 Waterloo St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13551696$519,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 131 Waterloo St Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,490Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 26 – Jul 25, 2026: prices down.
Based on 1,748 sales from Jul 25 – Oct 23, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 131 Waterloo St
How much is 131 Waterloo St listed for?
131 Waterloo St is listed at $519,000 (MLS® X13551696). Summitly updates the price as soon as the MLS® record changes.
Has the price of 131 Waterloo St changed?
No — 131 Waterloo St is still listed at its original asking price of $519,000.
How many bedrooms and bathrooms does 131 Waterloo St have?
The listing for 131 Waterloo St doesn't publish its bedroom and bathroom count. It is a commercial property in London.
How does 131 Waterloo St compare with other homes in London?
Its asking price of $519,000 is about 7% below the median sold price in London over the last 90 days, $560,000, across 1,748 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 131 Waterloo St been sold before?
Summitly has no earlier MLS® sale or lease of 131 Waterloo St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 131 Waterloo St?
131 Waterloo St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 131 Waterloo St been on the market?
105 days — 131 Waterloo St was listed on July 10, 2026.
What is the land transfer tax on 131 Waterloo St?
About $6,855 in Ontario land transfer tax at the asking price of $519,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 131 Waterloo St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 131 Waterloo St?
The listing for 131 Waterloo St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for London.
When was 131 Waterloo St built?
The listing for 131 Waterloo St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.