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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
1-333-345-6868info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 86 days

    425-427 William Street

    East F·London East, ON·N6B 3E1·Near William Street at Dundas

    • 5856 sqft
    London East real estate›X12905428
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    425-427 William Street offers a rare opportunity to acquire a distinctive, fully functional multi-level commercial property in the heart of London with exceptional flexibility for future use. The building features unique architectural character highlighted by a rare central carriageway "tunnel" connecting both sides of the property and providing access to a centrally located accessible entrance with elevator. Spanning three levels, the property is configured with over 17 offices, 4 clinic rooms with sinks, multiple common areas, and 4 bathrooms, supporting a wide range of professional, medical, or institutional uses. The main floor includes a reception area, treatment rooms, accessible elevator vestibule, three entrances, and an accessible washroom. The second floor offers 8 offices, a full kitchen, separate men's and women's washrooms, and common space, while the third floor features 5 additional offices, a common area, and a 3-piece bathroom. A fully operational elevator (inspected 2026) and dual staircases provide efficient access throughout. Additional highlights include a flex space for an office, studio, or storage located in the rear yard, 4-6 parking spaces at the front with potential for more at the rear, and updated mechanicals including furnaces (~6 years) and recent fire system inspections (2026). Zoned BDC/OR (Business District Commercial / Office Residential), the property allows for a wide range of uses including offices, clinics, retail, restaurants, residential units, and mixed-use development, with strong potential for residential or live/work conversion into multiple units. Not heritage designated and located just outside the East Woodfield Heritage Conservation District, this is a rare opportunity to secure a high-functioning, well maintained century building with strong conversion and redevelopment potential in a central London location.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    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.

    DateEventStatusPriceChangeMLS®View
    Mar 20, 2026ListedCurrentFor sale$849,900 —X12905428This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    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 Open
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 425-427 William Street
    Financials

    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.

    Est. monthly mortgage
    $4,175
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $467
    0.66% mill rate · ON
    The market

    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
      $459,566
      Last 30 days
    • Median sold price
      $456,000
      Middle of the market
    • Days on market
      32 d
      Avg from list to close
    • Closed last 30d
      405
      MLS® transactions
    Full London East market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 425-427 William Street — 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.

    Free buyer representation · Coldwell Banker® affiliate

    $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.

    Call now
    Due diligence

    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.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 425-427 William Street and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    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 425-427 William Street listed for?

      425-427 William Street is listed at $849,900 on the MLS® (listing X12905428). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 425-427 William Street 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.

  1. Office
  2. Asking
    $849,900
    $145 / sqft · MLS® X12905428
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $459,566
    $422,801Confidence range$496,331
    Asking vs estimate
    ↑↑well-above
    +$390,334
    (+84.9%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in London East sell in about 32 days — this one has been listed 86 days.

    Avg sold price
    $459,566
    Median sold
    $456,000
    Avg days on market
    32
    Recently sold
    405
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • Spanning three levels, the property is configured with over 17 offices, 4 clinic rooms with sinks, multiple common areas, and 4 bathrooms, supporting a wide range of professional, medical, or institutional uses.
    • The second floor offers 8 offices, a full kitchen, separate men's and women's washrooms, and common space, while the third floor features 5 additional offices, a common area, and a 3-piece bathroom.
    • A fully operational elevator (inspected 2026) and dual staircases provide efficient access throughout.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    None
    Parking spaces
    6
    Driveway
    6
  4. Interior

    1
    Elevator
    Public
  5. Lot & land

    1
    Zoning
    BDC OR
  6. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Office
    Property class
    Office
  7. Combined estimate
    $4,642
    Mortgage + tax · before condo / insurance

    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.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,175
    /mo
    based on the purchase price of $849,900
    $169,980 cash
    $679,920 financed
    $572,671 total interest
    Monthly payment$4,175/ month
    Principal54%$679,920
    Interest46%$572,671

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    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.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + 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.

    More offices in London East

    Active listings within ±20% of this asking price.

    • 181 Wellington Street
      $699,900
      181 Wellington Street
      Office 5
    • 850 Dundas Street
      $695,000
      850 Dundas Street
      Office
    • 444 YORK Street
      $999,000
      444 YORK Street
      Office 2
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  8. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  9. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  10. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  11. Public listing courtesy of REAL BROKER ONTARIO LTD · displayed on Summitly per MLS® data-share rules

    425-427 William Street is a 5856 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. When was 425-427 William Street built?

    The year built for 425-427 William Street isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  13. What is the property tax for 425-427 William Street?

    The 'Property tax' tab in the History section shows the most recent annual tax for 425-427 William Street plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  14. How much would the monthly mortgage be on 425-427 William Street?

    The affordability calculator on this page shows an estimated monthly mortgage for $849,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. Has 425-427 William Street been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 425-427 William Street with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  16. What neighbourhood is 425-427 William Street in?

    425-427 William Street is in East F, 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.

  17. 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.