640 Richmond St is a retail in London, listed for $868,000.
11,372 sq. ft. restaurant opportunity located along the highly visible Richmond Row corridor.
2The space features an existing commercial kitchen hood and is available for sale or lease.
3The property includes eight on-site parking spaces and benefits from Broad Business District Commercial zoning, permitting a wide range of commercial uses.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in London
About 640 Richmond Street
1,372 sq. ft. restaurant opportunity located along the highly visible Richmond Row corridor. The space features an existing commercial kitchen hood and is available for sale or lease. The property includes eight on-site parking spaces and benefits from Broad Business District Commercial zoning, permitting a wide range of commercial uses.
London retail priced at $868,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 640 Richmond St
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0.107
Listing & possession
Property class
Commercial Retail
640 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® X13880398$868,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 640 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 market38Homes sold in about 38 days on average.
Sale-to-list ratio97.4%On average, homes sold below asking.
Active listings2,470Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with Apr 13 – Jul 12, 2026: prices down.
Based on 1,851 sales from Jul 12 – Oct 10, 2026 (1,390 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 640 Richmond St
How much is 640 Richmond St listed for?
640 Richmond St is listed at $868,000 (MLS® X13880398). Summitly updates the price as soon as the MLS® record changes.
Has the price of 640 Richmond St changed?
No — 640 Richmond St is still listed at its original asking price of $868,000.
How many bedrooms and bathrooms does 640 Richmond St have?
The listing for 640 Richmond St doesn't publish its bedroom and bathroom count. It is a commercial property in London.
How does 640 Richmond St compare with other homes in London?
Its asking price of $868,000 is about 54% above the median sold price in London over the last 90 days, $562,500, across 1,851 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 640 Richmond St been sold before?
Summitly has no earlier MLS® sale or lease of 640 Richmond St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 640 Richmond St?
640 Richmond St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 640 Richmond St been on the market?
1 day — 640 Richmond St was listed on October 9, 2026.
What is the land transfer tax on 640 Richmond St?
About $13,835 in Ontario land transfer tax at the asking price of $868,000. 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 640 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 640 Richmond St?
The listing for 640 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 640 Richmond St built?
The listing for 640 Richmond St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
