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1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186

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1-8 288 South Street
East K London East N6B 1B7

$3,300,000 /For Sale
Commercial

Main Photo: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
Photo 1: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
Photo 2: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
Photo 3: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
Photo 4: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
Photo 5: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
Photo 6: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X12733186
Bus Major:
Apts - 6 To 12 Units
8 Condo-Titled Townhouse Units available for Sale in 2 two storey buildings. Fully leased, cash flowing opportunity. 7three-bedroom units and 1 two-bedroom unit, with the front building containing three units and the rear building containing five units. The main floor features a living room, kitchen and a 2-piece washroom. The second floor includes the bedrooms and a3-piece washroom. The basement is partially finished with a finished open space and a utility room. Units have been upgraded as tenants have turned over. Upgraded units are modern with neutral colours, and feature laminate flooring, and modern fixtures. The units include sliding patio doors from the kitchen space to outdoor greenspace. 15 parking spaces are located at the Property. Each unit includes a washer, dryer, fridge, oven, and dishwasher that are all owned by the Landlord. Water Heaters are rented through Reliance with the tenants being responsible for the rental cost. The units feature central air conditioning, natural gas furnaces, and 100 amp electrical service. Garbage removal is handled by the City of London. The properties have been well maintained and the roof was replaced in 2009.The Property is located in fringe core location at South Street and Wellington Street, just north of the Thames River. 288 South Street offers access to required residential amenities, including Downtown London's restaurants, shopping, and services. Recreational opportunities are available at nearby parks and along Thames Valley Parkway, London's paved, multi-use pathway system that follows along the Thames River and connects to associated parks. Some units currently leased with below market rents, providing for potential upside.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
No
Total Area:
18905 sq. ft. Acres
Total Area:
18,905.04 sq. ft.
Lot Depth:
165'3"
Lot Frontage:
113'4"
Lot Shape:
Rectangular
Water supply:
Municipal
Zoning:
R5-6
Heating type:
Gas Forced Air Open
Garage:
Outside/Surface
Parking Spaces:
15
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$16,328.06 / 2025
Assessment:
$- / -
Middlesex
London East
East K
Public Transit
No
None
Amperage:
100
Utilities:
Yes
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Property Management Company:
London Village Rentals Limited
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Jan 27, 2026
  • Photo 1: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
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  • Photo 2: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
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  • Photo 4: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
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  • Photo 5: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
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  • Photo 6: 1-8 288 South Street in London East: East K Commercial for sale : MLS®# X12733186
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Listed by CBRE LIMITED
Data was last updated January 28, 2026 at 04:15 AM (UTC)
DARYL KING
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.
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