London, ON · · MLS® X14088306Updated
$249,999
587 Oxford St E is a 3-bathroom business in London, listed for $249,999.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Exceptional opportunity to acquire Five87 Bistro, an established, licensed restaurant located at 587 Oxford Street East in London! Offering approximately 4,495 sq. ft. of leased premises, including designated restaurant and patio areas, this inviting establishment provides an excellent opportunity for an entrepreneur or experienced restaurateur looking to enter or expand within London's hospitality industry. Featuring an attractive dining atmosphere, indoor and outdoor dining opportunities, and access to on-site customer parking, the restaurant offers a versatile setting for casual dining, evening service, special occasions and private gatherings. Continue operating under the existing Five87 Bistro name and concept, or bring your own culinary vision to life and introduce an entirely new restaurant concept! The premises are subject to a long-term commercial lease, with renewal options outlined in the existing agreement, offering the potential for continued occupancy. Ideally situated along Oxford Street East, this location presents an opportunity to capitalize on an existing restaurant setup while establishing your own identity in the market. Whether you're an established operator seeking another location or an entrepreneur ready to take the next step, this is an exciting business ownership opportunity. Business sale only; real estate not included.
London business priced at $249,999 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: THRIVE REALTY GROUP INC., BrokerageMLS® X14088306 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other homes for sale in London around $250K.
Homes for sale in London
Every active London MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,835 sales from Jul 19 – Oct 17, 2026 (1,426 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
587 Oxford St E is listed at $249,999 (MLS® X14088306). Summitly updates the price as soon as the MLS® record changes.
No — 587 Oxford St E is still listed at its original asking price of $249,999.
587 Oxford St E has 3 bathrooms. It is a commercial property in London.
Its asking price of $249,999 is about 55% below the median sold price in London over the last 90 days, $560,000, across 1,835 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.
Summitly has no earlier MLS® sale or lease of 587 Oxford St E on record from the last two years. Older records aren't shown under TRREB rules.
587 Oxford St E is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
1 day — 587 Oxford St E was listed on October 16, 2026.
About $2,225 in Ontario land transfer tax at the asking price of $249,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 587 Oxford St E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for London.
The listing for 587 Oxford St E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
