425-427 William Street, London East
425-427 William Street offers a rare opportunity to acquire a distinctive, fully functional multi-level commercial property in the heart of London with exceptional flexibility for future use. The building features unique architectural character highlighted by a rare central carriageway "tunnel" connecting both sides of the property and providing access to a centrally located accessible entrance with elevator. Spanning three levels, the property is configured with over 17 offices, 4 clinic rooms with sinks, multiple common areas, and 4 bathrooms, supporting a wide range of professional, medical, or institutional uses. The main floor includes a reception area, treatment rooms, accessible elevator vestibule, three entrances, and an accessible washroom. The second floor offers 8 offices, a full kitchen, separate men's and women's washrooms, and common space, while the third floor features 5 additional offices, a common area, and a 3-piece bathroom. A fully operational elevator (inspected 2026) and dual staircases provide efficient access throughout. Additional highlights include a flex space for an office, studio, or storage located in the rear yard, 4-6 parking spaces at the front with potential for more at the rear, and updated mechanicals including furnaces (~6 years) and recent fire system inspections (2026). Zoned BDC/OR (Business District Commercial / Office Residential), the property allows for a wide range of uses including offices, clinics, retail, restaurants, residential units, and mixed-use development, with strong potential for residential or live/work conversion into multiple units. Not heritage designated and located just outside the East Woodfield Heritage Conservation District, this is a rare opportunity to secure a high-functioning, well maintained century building with strong conversion and redevelopment potential in a central London location. (id:1945)
This listing content provided by
REALTOR.ca
has been licensed by REALTOR®
members of The Canadian Real Estate Association
members of The Canadian Real Estate Association
Property details for 425-427 William Street, London East
- Type
- Commercial
- Living Area
- 5,856 square feet
- Lot Size
- Bldg=55.5 x 104 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 425-427 William Street
Active Listings
279
Min Price
$1
Max Price
$8,250,000
Avg Price
$655,147
Days on Market
72
days
Sold Listings
105
Min Sold Price
$45,000
Max Sold Price
$3,800,000
Avg Sold Price
$559,128
Days until Sold
71
days
Neighbourhood Census Data
London, Ontario
Population
630
Median Age
45.6
Median Income
$19,285
Housing Tenure
Renters 91%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.4
Pop. Density: 3,423.9/km²
Avg Shelter Cost: $1,454/mo
Owners with Mortgage: 83.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 54.2%
English only: 92.4%
English and French: 8.6%
Median Household Income: $22,848
Median Employment Income: $22,464
Price History
Listed
March 20, 2026
by REAL BROKER ONTARIO LTD
Current Price
$849,900
Type
Commercial
For Sale