Live market data for London East.
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What this listing tells us
Turnkey Convenience Store Business for Sale. An outstanding opportunity to acquire a highly successful, long-established convenience store with a remarkable history spanning over six decades. Located at one of London's most recognized and busiest intersections-Dundas Street and Richmond Street-this thriving business enjoys exceptional visibility in the heart of the city's downtown entertainment and commercial district. Surrounded by restaurants, cafes, retail boutiques, nightlife, office towers, and major cultural destinations, the store also benefits from its close proximity to Fanshawe College's Downtown Campus, ensuring strong pedestrian traffic and a loyal, year-round customer base. Business Highlights: Premier Downtown Location with outstanding exposure and consistent walk-in traffic. Liquor Licence Approved, creating excellent opportunities for future growth and increased revenue. Multiple, diversified income streams including cigarettes, lottery, convenience merchandise, ATM services, and additional retail sales. Strong Financial Performance with year-to-date average monthly gross sales of approximately $45,500, including lottery commissions and ancillary product sales. Affordable Occupancy Costs: Monthly rent of $3,539.73 (inclusive of TMI and HST). Long-Term Lease Security: Lease in place until October 31, 2031, with renewal/extension options available. The business can offer inventory worth $25k- $30K at extra charges upon possession. Whether you are an experienced operator or an entrepreneur seeking a proven, cash-flowing business in one of London's highest-profile retail corridors, this is a rare turnkey opportunity with exceptional long-term potential. Opportunities of this caliber in Downtown London are seldom available-don't miss your chance to own this established and profitable business.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
- An outstanding opportunity to acquire a highly successful, long-established convenience store with a remarkable history spanning over six decades.
- Business Highlights: Premier Downtown Location with outstanding exposure and consistent walk-in traffic.
- Multiple, diversified income streams including cigarettes, lottery, convenience merchandise, ATM services, and additional retail sales.
- Strong Financial Performance with year-to-date average monthly gross sales of approximately $45,500, including lottery commissions and ancillary product sales.
Listing, price, and tax history
Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 13, 2026 | ListedCurrent | For sale | $139,900 | — | X13572600 | This page |
Inside this property
Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.
Features & systems
Heating, cooling, parking, exterior, lot, possession, and more.
Systems
3- Heating
- Other
- Air conditioning
- Yes
- Water source
- Municipal
Parking & garage
1- Garage
- None
Interior
1- Accessibility
- N
Lot & land
1- Zoning
- DA1
Listing & possession
4- Possession
- 2026-08-14T00:00:00.000-00:00
- Occupancy
- Flexible
- Property style
- Without Property
- Property class
- Sale Of Business
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Public Transit
The money — monthly cost, mortgage & return
Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.
Cost of ownership
A monthly snapshot at typical assumptions — personalize the mortgage just below.
Mortgage & affordability
Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.
- Best5-yr Fixed · Insured4.09%0.40% below banks
- 5-yr Fixed · Conventional4.34%APR · OAC
- 3-yr Fixed · Conventional4.49%APR · OAC
- 5-yr Variable · Variable4.85%APR · OAC
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Rental income & return
What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.
AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
How this home sits in the London East market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The London East market right now
Average sold price, days on market, and closed-transaction count for London East — sourced from MLS®.
- Avg sold price—Last 30 days
- Median sold price—Middle of the market
- Days on market—Avg from list to close
- Closed last 30d—MLS® transactions
More sale of businesss in London East
Active listings within ±20% of this asking price.
We'll get you into 163 Dundas Street E — the seller pays our commission
On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.
$0 to you. The seller pays our fee.
On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.
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- Mortgage that closes
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Property flags & disclosures
An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 163 Dundas Street E and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.
How much is 163 Dundas Street E listed for?
163 Dundas Street E is listed at $139,900 on the MLS® (listing X13572600). The price updates on Summitly as soon as the MLS® record changes.
How many bedrooms, bathrooms, and square feet does 163 Dundas Street E have?
163 Dundas Street E is a 650 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.
When was 163 Dundas Street E built?
The year built for 163 Dundas Street E isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.
What is the property tax for 163 Dundas Street E?
The 'Property tax' tab in the History section shows the most recent annual tax for 163 Dundas Street E plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.
How much would the monthly mortgage be on 163 Dundas Street E?
The affordability calculator on this page shows an estimated monthly mortgage for $139,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.
Has 163 Dundas Street E been sold before?
The 'Listing history' tab above lists every previous MLS® listing of 163 Dundas Street E with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.
What neighbourhood is 163 Dundas Street E in?
163 Dundas Street E is in East E, London East. The 'Neighbourhood' section below links to the live London East real estate hub with average sold price, days on market, and current inventory.
Is London East a good place to live?
London East is one of ON's actively-tracked Summitly markets. The full London East real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.
Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.