Prime Residential Conversion & Development Opportunity! Excellent opportunity at 724 York Street. The existing two-storey commercial shell offers 10,000+ sq. ft. above grade plus a full-height lower level with 5,000+ sq. ft. Recent zoning changes permit up to 22 residential units and/or commercial uses, with redevelopment drawings available. Flexible RSC and R8-4 zoning supports renovation-to-suit or new development, with potential Urban Corridor designation. Excellent visibility, strong traffic counts, signage opportunities, transit access and a central location near amenities. Bring your vision to 724 York Street!
22 bedrooms, 22 bathrooms, about 5,000 sq ft, works out to roughly $360 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this multiplex fits your budget and timing.
Inside 724 York St
Every detail from the listing, in one place.
Type
Multiplex
Style
2-Storey
Living space
5000 + sq ftas stated on the listing
Parking
40 spaces
Basement
Development Potential
Features & systems
Parking & garage
Parking spaces
40
Interior
Basement
Development Potential
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Multiplex
724 York 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® X13741972$1,799,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 724 York St Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,842
/mo
based on the purchase price of $1,799,900
$359,980 cash
$1,439,920 financed
$1,212,791 total interest
Principal54%$1,439,920
Interest46%$1,212,791
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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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.
Keep looking near 724 York St
Homes for sale in London
Every active London MLS® listing, updated all day.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,487Homes for sale here right now.
Median vs prior 90 days−1.7%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 1,772 sales from Jul 24 – Oct 22, 2026 (1,468 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 724 York St
How much is 724 York St listed for?
724 York St is listed at $1,799,900 (MLS® X13741972). Summitly updates the price as soon as the MLS® record changes.
Is $1,799,900 a good price for 724 York St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in London. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 724 York St changed?
No — 724 York St is still listed at its original asking price of $1,799,900.
How many bedrooms and bathrooms does 724 York St have?
724 York St has 22 bedrooms and 22 bathrooms, with about 5,000 square feet of living space. It is a multiplex in London.
How much would the monthly mortgage be on 724 York St?
About $8,842 a month — principal and interest on $1,799,900 with 20% down ($359,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 724 York St compare with other homes in London?
Its asking price of $1,799,900 is about 221% above the median sold price in London over the last 90 days, $560,000, across 1,772 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 724 York St been sold before?
Summitly has no earlier MLS® sale or lease of 724 York St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 724 York St?
724 York St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 724 York St been on the market?
49 days — 724 York St was listed on September 3, 2026.
What is the price per square foot of 724 York St?
About $360 per square foot: the asking price of $1,799,900 over the 5,000 sq ft the listing gives.
Does 724 York St have parking or a garage?
Yes — the listing gives 40 parking spaces.
Does 724 York St have a basement, and is it finished?
The listing describes the basement as: Development Potential.
