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$497,000
Ontario,London East (East L)
For Sale Active
389 LYLE STREET, London East (East L), Ontario N5W3R6
  • 2,300 Sqft
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Basic Details
Description

This exceptional commercial property presents a prime investment opportunity in a desirable London location. The approx. 2,300-square-foot building, situated between York, King, and Dundas Streets, offers convenient on-site around 12 car parking. Its versatile zoning accommodates a wide range of business uses. Recent renovations, totaling approximately $130,000, include a newly converted four-bedroom, two-bathroom residential unit upstairs, which is currently rented

with monthly rent of CAD $ 1800. Oct 2025 – new roof. The main floor offers significant potential for various commercial ventures, such as office space, restaurants, or wellness centers. This unique property combines the benefits of live-in accommodation and a ground-floor business area, ideally suited for entrepreneurs seeking to minimize living expenses while operating their business. Further enhancing its appeal are wheelchair accessibility features, controlled entry with video surveillance, and an owned hot water tank. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: X12454905
  • Price: $497,000
  • Square Footage: 2,300 Sqft
  • Status: Active
  • Office Name: HOMELIFE/MIRACLE REALTY LTD
  • Property Sub Type: Retail
  • Office Key: 146431
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
  • Sewer: Sanitary sewer
Address Map
  • Location: CA, Ontario, London East (East L), N5W3R6
  • Street: Lyle
  • Street Number: 389
  • Street Suffix: Street
  • Longitude: W82° 46' 15.4''
  • Latitude: N42° 59' 20.6''
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: 132.33 x 87.64 FT
Financial
  • Tax Annual Amount: 8736
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Listing updated: 2025-11-25 07:25:43
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Listing Information
  • List Agent Key: 2249740
  • List Office Key: 146431
  • Modification Timestamp: 2025-11-03T18:25:24Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2025-11-03T18:00:05Z
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Listing updated: 2025-11-25 07:25:44
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