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Home · Buy · London East · 1131 Richmond Street, London East, ON N6A 3K4
1131 Richmond Street, London East, ON N6A 3K4
1131 Richmond Street, London East, ON N6A 3K4
1131 Richmond Street, London East, ON N6A 3K4
1131 Richmond Street, London East, ON N6A 3K4
1131 Richmond Street, London East, ON N6A 3K4+ 12 photos
For Sale · Sale Of Business

1131 Richmond Street, London East, ON N6A 3K4

London East · East B
◷60 days on market
—
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

Turnkey restaurant business opportunity in one of London's most recognizable high-traffic locations, just steps from Western University! Business only-the building is not included. Situated in a thriving commercial corridor, this well-established restaurant benefits from exceptional visibility, constant vehicle and pedestrian traffic, and a steady customer base fueled by more than 40,000 Western University students, faculty, staff, and visitors year-round. The area sees increased activity during orientation, Homecoming, sporting events, convocations, conferences, and numerous campus events, making it an ideal location for a food service business.Banana Burger has earned a strong local reputation for its fresh smash burgers, fries, poutine, and banana pudding, . The business is fully operational and offers an excellent opportunity for an owner-operator or investor looking to step into an established and profitable operation.The sale includes the business only, along with the existing kitchen equipment and chattels, providing a seamless transition for new ownership. A complete list of inclusions and exclusions is available upon request. Customers enjoy excellent street exposure, convenient rear parking, and easy access for dine-in, takeout, and delivery services. Whether you're expanding your portfolio or entering the restaurant industry for the first time, this is a rare opportunity to acquire a successful business in one of London's busiest and most desirable commercial locations.

Property details

Listed on
July 17, 2026
Days on market
60 days
Property tax
$0 (2025)
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
X13576170

Full details

Parking
GarageNone

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 17, 2026—$129,900For SaleX13576170
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

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$1,024
Legal · title · inspection$2,800
Closing costs$3,824
Down payment$25,980
Total cash to close$29,804
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.
$129,900
MLS® X13576170 · Listed by RE/MAX ADVANTAGE REALTY LTD.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of RE/MAX ADVANTAGE REALTY LTD.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated July 19, 2026.

$129,900

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