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420 York Street, London East, ON N6B 1R1

East K, London East

420 York Street, London East, ON N6B 1R1

About this home

Prime investment opportunity in central London. The property is leased to Century 21 First Canadian Realty Corp. with a net operating income of $180,000.00 until December 31, 2027 and increasing to $204,000.00 on January 1, 2028 with the lease expiring on December 31, 2032 cap rate of 5.7% based on NOI of $204,000. Building consists of approximately 10,000 square feet with 42 on site parking spaces. Completely renovated in 2006 and a new roof was installed in May of 2026 except for canopy/overhang. Plenty of residential development in the immediate area and the property abuts the Rapid Transit Line on King Street. This would make an excellent addition to any investment portfolio.

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Guides to London East

Local answers for buying, selling, and moving — written for this market, not a generic one.

Buyer guideFirst-time home buyer steps in Ontario (2026)Buyer guideThe new First-Time Home Buyers’ GST rebate (2026): up to $50,000 on a new homeBuyer guideClosing costs for home buyers in Ontario: a Woodstock breakdown (2026)Buyer guideWhy buy with a REALTOR® (and what it costs you: usually nothing)Buyer guideWhy buy instead of rent in Woodstock & Oxford County?Buyer & seller guideQuestions to ask before you hire a real estate agentBuyer guideHow to avoid overpaying for a homeBuyer guideBuying a condo in Woodstock: fees, the status certificate & what to checkBuyer guideBuying a farm or rural acreage in Oxford County: wells, septic, zoning & financingBuyer & investor guideLegal secondary & in-law suites in Woodstock: Bill 23 rules & the rent-vs-mortgage mathBuyer guideInvesting in Oxford County real estate: a plain-English first lookRelocation guideMoving to Woodstock for a job at Toyota (TMMC): a relocation & housing guideBuyer guideHindi & Punjabi-speaking home buyers in Woodstock: a welcome and a local guideखरीदार गाइडवुडस्टॉक में हिंदी और पंजाबी भाषी घर-खरीदार: एक स्वागत और स्थानीय मार्गदर्शिकाਖਰੀਦਦਾਰ ਗਾਈਡਵੁੱਡਸਟੌਕ ਵਿੱਚ ਹਿੰਦੀ ਅਤੇ ਪੰਜਾਬੀ ਬੋਲਣ ਵਾਲੇ ਘਰ-ਖਰੀਦਦਾਰ: ਜੀ ਆਇਆਂ ਨੂੰ ਅਤੇ ਇੱਕ ਸਥਾਨਕ ਗਾਈਡLocal guideBest neighbourhoods in Woodstock, Ontario: a local guideLocal guideMoving to Woodstock & Oxford County: a local guideLocal guideLiving in Tillsonburg vs Ingersoll vs Woodstock: an honest comparisonLocal guideLiving in Oxford County’s smaller towns & villages: Ingersoll, Tavistock, Norwich, Embro, Thamesford & PrincetonSeller guideHow much does it cost to sell a house in Woodstock, Ontario? (2026)Seller guideSelling your Woodstock home: the real process vs. “we buy houses” cash offersSeller guideDownsizing for seniors in Woodstock & Oxford County: a step-by-step guideSeller guideSelling or transitioning the family farm in Oxford County: the real-estate playbookSeller guideSelling an inherited home in Woodstock & Oxford County: an executor’s step-by-stepSeller guideEssential tips to sell your Woodstock home for moreSeller guideCommon home-seller mistakes (and how to avoid them)Seller guideThinking of selling your home privately?Seller guideSelling your home in Oxford County: a plain-English guide for Hindi- and Punjabi-speaking familiesविक्रेता गाइडऑक्सफ़ोर्ड काउंटी में अपना घर बेचना: हिंदी और पंजाबी भाषी परिवारों के लिए एक सरल मार्गदर्शिकाਵਿਕਰੇਤਾ ਗਾਈਡਆਕਸਫੋਰਡ ਕਾਊਂਟੀ ਵਿੱਚ ਆਪਣਾ ਘਰ ਵੇਚਣਾ: ਹਿੰਦੀ ਅਤੇ ਪੰਜਾਬੀ ਬੋਲਣ ਵਾਲੇ ਪਰਿਵਾਰਾਂ ਲਈ ਇੱਕ ਸਰਲ ਗਾਈਡResourceMoving day tips & checklistResourceCostly legal issues to watch when buying or selling