$ 675,000

463 King Street, London East

This detached mixed-use building offers approximately 1,200 sq. ft. of commercial office space on the main floor and a spacious 1,000 sq. ft. two-bedroom residential apartment on the second level. Thoughtfully and fully renovated with permits, the property has been restored with careful attention to preserving the character and charm of the original century building. Heritage features such as beautiful stained-glass accents and hardwood flooring have been retained and enhanced, while major building systems have been comprehensively upgraded, including plumbing, electrical, and fire separation, providing peace of mind for owners and tenants alike. This building is a turnkey opportunity for investors or owner-occupiers. The upper residential unit is currently tenanted, providing immediate rental income, while the main floor commercial space is leased until October 2026, offering future flexibility for an owner-user or new tenant. Ideally located within walking distance of public transit, restaurants, shops, and downtown amenities, the property also features ample on-site parking-a rare and highly desirable convenience in the downtown core. Whether you're looking to expand your investment portfolio, operate your business on the main floor while generating rental income from the residential unit above, or secure a well-maintained mixed-use asset with long-term upside, this property presents an exceptional opportunity. (id:1945)
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Property details for 463 King Street, London East

Type
Residential
Bedrooms
2
Bathrooms
2
Lot Size
44.9 x 90.4 FT ; 90.75 ft x 45.00 ft x 90.70 ft x 45.26ft
Stories
2
Basement
Unfinished, N/A
Parking
No Garage
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Exterior
Brick
Ownership
Freehold
Annual Taxes
$4,200 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 463 King Street

Active Listings
30
Min Price
$229,900
Max Price
$799,000
Avg Price
$456,636
Days on Market
51
days
Sold Listings
14
Min Sold Price
$209,900
Max Sold Price
$695,000
Avg Sold Price
$413,671
Days until Sold
61
days

Neighbourhood Census Data

London, Ontario

Population
598
Median Age
45
Median Income
$20,736

Housing Tenure

Renters 95%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.4
Pop. Density: 2,611.4/km²
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 39%
English only: 93.5%
English and French: 4.3%
Neither: 2.2%
Median Household Income: $25,792
Median Employment Income: $26,432

Price History

Listed
June 16, 2026
by REAL BROKER ONTARIO LTD
Current Price
$675,000
Type
Residential
For Sale
463 King Street

Contact Agent Get in touch about 463 King Street, London East

KRISTEN CLOWRY
KRISTEN CLOWRY
REAL BROKER ONTARIO LTD