131 WATERLOO STREET, London East (East K)

2026-01-23
 

Quick Summary

Location
131 WATERLOO STREET, London East (East K), Ontario N6B2M7
Price
$549,000 CAD
Status:
For Sale
Property Type:
Retail
Area:
1500 sqft
Garages:
8

MLS®#X12725524

Property Description

Excellent opportunity to acquire a standalone commercial building in a high visibility location near downtown London. Positioned steps from the rapidly expanding SOHO residential redevelopment, this property is well situated for long term stability and future value growth as the neighbourhood continues to transform.The building is currently occupied by a convenience store; however, the business is not included in the sale and will be closed prior to possession. The property is best suited for continued convenience store or similar neighbourhood retail use. Importantly, the current retail use operates without requiring special municipal permits, allowing a new owner to continue convenience store operations seamlessly.With increasing population density and strong pedestrian activity driven by nearby redevelopment, this location offers reliable demand for neighbourhood serving retail. Ideal for buyers seeking a stable, ready to operate commercial asset in a revitalizing urban corridor. (id:32467)

Property Features

Building

  • Cooling Type: Fully air conditioned
  • Fireplace: No
  • Interior Size: 1500 sqft
  • Utility Water: Municipal water

Land

  • Land Size: 51.06 x 66.91 FT

Zoning

  • Description: R3-1

Information entered by RE/MAX ICON REALTY
Listing information last updated on: 2026-02-25 01:16:00


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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