421 Richmond Street E
East FLondon East, ONN6A 3C8Near Richmond Street
- 2 baths
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
- Open houseDate TBDTime TBD
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What this listing tells us
Very rare opportunity on Richmond Row! This turnkey restaurant located in a prime area with high pedestrian traffic, the property benefits from a bus stop right at the front door and close proximity to Fanshawe College, bringing consistent activity and visibility.The owner has spared no expense in designing and building out this premier location, making it completely move-in ready and eliminating the usual setup headaches. Features include a newer hood system (2019), updated appliances, newer electrical system and newer furniture throughout.With low gross rent of $2,500 and convenient 2-hour free street parking on weekends, this space is ideally positioned across from Scotiabank and close to Citi Plaza and London Music Hall, attracting steady daily traffic. 25 seats. Above ground size of 851 sqft. Partially finished basement for more storage space and 2 bathrooms. Don't miss this rare opportunity to own a fully equipped restaurant in one of the city's busiest corridors
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
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 1, 2026 | Price reducedCurrent | Reduced | $69,000 | −$19,000 (21.6%) | X12891800 | This page |
| Mar 17, 2026 | ListedCurrent | For sale | $88,000 | — | X12891800 | 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
- Gas Forced Air Closed
- Air conditioning
- Partial, Yes
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
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.
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$462,684Last 30 days
- Median sold price$457,000Middle of the market
- Days on market33 dAvg from list to close
- Closed last 30d380MLS® transactions
We'll get you into 421 Richmond 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.
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 421 Richmond Street E and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
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How much is 421 Richmond Street E listed for?
421 Richmond Street E is listed at $69,000 on the MLS® (listing X12891800). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 421 Richmond Street E have?
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.
