$ 89,990
1487 Dundas Street
1487 Dundas Street, London East, ON N5W3B8 Photo 1
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1487 Dundas Street, London East

Exceptional opportunity to acquire a fully equipped turnkey restaurant business in a highly visible East London location along the high-traffic Dundas Street commercial corridor. Currently set up as an established Latin restaurant, this versatile opportunity is ideal for an owner-operator, investor, franchise conversion, or restaurateur looking to establish a new concept without the significant cost, delays, and expense associated with building a restaurant from scratch.The main floor premises feature seating for 32+ guests with a dedicated bar table setup, plus additional basement layout capacity (5 tables / 10 chairs), multiple washrooms, and a concrete patio for outdoor dining. The business includes a professionally equipped commercial kitchen complete with a gas stove, flat grill, commercial fryer, walk-in freezer, 4 additional freezers, extensive prep area, and a newly installed commercial kitchen hood system. All major equipment, chattels, and fixtures required to operate will remain with the business, allowing for a seamless transition.As a unique added value, the second level features a full self-contained residential/office setup complete with 2 full rooms, a dedicated kitchen, washroom, and laundry plumbing-perfect for owner-occupancy, staff accommodation, or conversion to commercial administrative space.Located in a high-density area with strong vehicle traffic, excellent street frontage visibility, and ample on-site customer parking, the location is surrounded by complementary retail and local businesses. Whether continuing as a Latin dining destination or introducing a completely new culinary brand, the existing leasehold improvements, commercial kitchen infrastructure, hood system, refrigeration, and fully furnished dining areas are already in place, allowing the next owner to focus on launching and growing their business rather than undertaking a costly build-out. (id:1945)
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Property details for 1487 Dundas Street, London East

Type
Commercial
Living Area
3,032 square feet
Lot Size
Bldg=50.12 x 146.22 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Nearby Listings Stat

Estimated price and comparable properties near 1487 Dundas Street

Active Listings
277
Min Price
$1
Max Price
$5,800,000
Avg Price
$541,903
Days on Market
57
days
Sold Listings
107
Min Sold Price
$89,990
Max Sold Price
$1,899,900
Avg Sold Price
$495,456
Days until Sold
66
days

Neighbourhood Census Data

London, Ontario

Population
506
Median Age
58.7
Median Income
$21,312
Dwelling Value
$199,779

Housing Tenure

Owners 42%
Renters 56%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.6
Pop. Density: 2,055.2/km²
Avg Shelter Cost: $821/mo
Owners with Mortgage: 51.7%
Owners Spending 30%+: 13.8%
Tenants Spending 30%+: 55.3%
English only: 94.1%
English and French: 5.9%
Median Household Income: $24,256
Median Employment Income: $30,784

Price History

Listed
September 18, 2026
by SHRINE REALTY BROKERAGE LTD.
Current Price
$89,990
Type
Commercial
For Sale
1487 Dundas Street

Contact Agent Get in touch about 1487 Dundas Street, London East

JASHAN SINGH
SHRINE REALTY BROKERAGE LTD.

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Comparison of 1487 Dundas Street, London East, ON with Nearby Commercial Listings
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