360 Springbank Dr #8 is a business in London, listed for $125,000.
1This 3,500 sf prime corner unit is situated in a well-established plaza in Springbank, one of London's most sought-after neighbourhoods, with excellent exposure and ample free parking.
2The exterior offers a newly constructed covered and heated patio, plus a separate uncovered patio area.
3The restaurant was previously licensed for up to 132 patrons indoors and 50 patrons on the patio.
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Commercial Property in London
Unit 8 at 360 Springbank Drive
Chattels-only sale opportunity at 360 Springbank Drive with an attractive lease rate! This 3,500 sf prime corner unit is situated in a well-established plaza in Springbank, one of London's most sought-after neighbourhoods, with excellent exposure and ample free parking. The premises feature a fully built-out restaurant with a large turnkey commercial kitchen and bar, including over 15 feet of commercial exhaust hood, walk-in cooler, walk-in freezer, dishwashing equipment, flat-top grill, gas grill, prep tables, and much more. The exterior offers a newly constructed covered and heated patio, plus a separate uncovered patio area. The restaurant was previously licensed for up to 132 patrons indoors and 50 patrons on the patio. Existing bar includes 4 under counter coolers and a keg dispensing cooler. Additional features include three renovated washrooms and an active liquor sales licence, subject to AGCO approval and transfer requirements. Lease rate is $24.00 per sq. ft. net, plus approximately $8.50 per sq. ft. TMI, totalling approximately $9,479.17 per month plus HST and utilities. Chattels only-the existing business and trade name are not included. All information is to be independently verified by the buyer. The Seller is willing to offer flexible payment arrangements to qualified buyers for the purchase of existing chattels.
London business priced at $125,000 — book a tour to see if it fits your search.
Inside 360 Springbank Dr #8
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
360 Springbank Dr #8 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14165960$125,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 360 Springbank Dr #8 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.
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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.
Similar homes for sale nearby in London
Other 2-bed homes for sale in London around $125K.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.1%On average, homes sold below asking.
Active listings2,413Homes for sale here right now.
Median vs prior 90 days−2.2%Compared with May 14 – Aug 12, 2026: prices down.
Based on 1,724 sales from Aug 12 – Nov 10, 2026 (1,546 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 360 Springbank Dr #8
How much is 360 Springbank Dr #8 listed for?
360 Springbank Dr #8 is listed at $125,000 (MLS® X14165960). Summitly updates the price as soon as the MLS® record changes.
Has the price of 360 Springbank Dr #8 changed?
No — 360 Springbank Dr #8 is still listed at its original asking price of $125,000.
How many bedrooms and bathrooms does 360 Springbank Dr #8 have?
The listing for 360 Springbank Dr #8 doesn't publish its bedroom and bathroom count. It is a commercial property in London.
How does 360 Springbank Dr #8 compare with other homes in London?
Its asking price of $125,000 is about 77% below the median sold price in London over the last 90 days, $555,500, across 1,724 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 360 Springbank Dr #8 been sold before?
Summitly has no earlier MLS® sale or lease of 360 Springbank Dr #8 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 360 Springbank Dr #8?
360 Springbank Dr #8 is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 360 Springbank Dr #8 been on the market?
360 Springbank Dr #8 was listed today (November 10, 2026).
What is the land transfer tax on 360 Springbank Dr #8?
About $975 in Ontario land transfer tax at the asking price of $125,000. 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 360 Springbank Dr #8 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 360 Springbank Dr #8?
The listing for 360 Springbank Dr #8 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 360 Springbank Dr #8 built?
The listing for 360 Springbank Dr #8 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
