356 Richmond St is a commercial in London, listed for $549,000.
1Main floor commercial space with excellent visibility and pedestrian exposure, while the 2nd and 3rd floors offer potential for up to 4 residential units, providing an attractive live/work or investment opportunity.
2Located just steps from Fanshawe College's Downtown Campus, Canada Life Place, Covent Garden Market, major corporate office towers, hotels, restaurants and downtown amenities.
3DA1/TSA5 zoning offers a range of potential uses.
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Commercial Property in London
About 356 Richmond Street
Approximately 5,200 sq. ft. 3-storey mixed-use property ideally situated on Richmond Street near King Street in the heart of Downtown London. Main floor commercial space with excellent visibility and pedestrian exposure, while the 2nd and 3rd floors offer potential for up to 4 residential units, providing an attractive live/work or investment opportunity. Located just steps from Fanshawe College's Downtown Campus, Canada Life Place, Covent Garden Market, major corporate office towers, hotels, restaurants and downtown amenities. DA1/TSA5 zoning offers a range of potential uses. An excellent opportunity for investors, owner-users and developers seeking a well-located downtown property with significant upside potential. Property only for sale, business not included in sale.
London commercial priced at $549,000 — book a tour to see if it fits your search.
Inside 356 Richmond St
Every detail from the listing, in one place.
Type
Commercial
Lot size
99.68 x 20.382031.47 sq ft
Features & systems
Lot & land
Lot dimensions
99.68 x 20.38
Lot size (sqft)
2031.47
Listing & possession
Property class
Store W Apt/Office
356 Richmond 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® X13722666$549,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 356 Richmond 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 listings2,492Homes 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 356 Richmond St
How much is 356 Richmond St listed for?
356 Richmond St is listed at $549,000 (MLS® X13722666). Summitly updates the price as soon as the MLS® record changes.
Has the price of 356 Richmond St changed?
No — 356 Richmond St is still listed at its original asking price of $549,000.
How many bedrooms and bathrooms does 356 Richmond St have?
The listing for 356 Richmond St doesn't publish its bedroom and bathroom count. It is a commercial property in London.
How does 356 Richmond St compare with other homes in London?
Its asking price of $549,000 is about the same as 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 356 Richmond St been sold before?
Summitly has no earlier MLS® sale or lease of 356 Richmond St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 356 Richmond St?
356 Richmond St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 356 Richmond St been on the market?
57 days — 356 Richmond St was listed on August 27, 2026.
What is the lot size of 356 Richmond St?
The lot measures 99.68 × 20.38, as published in the listing.
What is the land transfer tax on 356 Richmond St?
About $7,455 in Ontario land transfer tax at the asking price of $549,000. 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 356 Richmond 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 356 Richmond St?
The listing for 356 Richmond 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 356 Richmond St built?
The listing for 356 Richmond St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.