+ 8 photosFor Sale · Sale Of Business
742 Richmond Street 2, London East, ON N6A 3H3
London East · East F
365 days on market
▾ PRICE CHANGE
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Beds
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Baths
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Parking
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Sq ft
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Built
About this home
- Established restaurant business located at Oxford and Richmond Rd in downtown London
- Dining area seats 96 people
- Kitchen equipped with high-end exhaust system (upgraded 2023), coolers, freezers, and cooking equipment
- Operating area is 2,868 square feet
- Free parking at rear with easy access
- Monthly rent is $6,200 with long-term lease
- Located near University of Western Ontario, student housing, and residential areas
Key points summarised from the listing description.
Property details
Listed on
September 15, 2025
Days on market
365 days
Property tax
$15,032 (2024)
Lot
33.62 × 130.92 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
X12403906
Full details
Parking
GarageVisitor
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| September 14, 2026 | — | $50,000 ▼ | Price cut | X12403906 |
| September 15, 2025 | — | $90,000 | Listed | X12403906 |
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True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$250
Legal · title · inspection$2,800
Closing costs$3,050
Down payment$10,000
Total cash to close$13,050
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
