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161 Clarke Road

East H / London East, ON N5W 5Y7

NewActiveFor Sale
0 Beds
0 Baths
Commercial

About This Property

Excellent opportunity to own a well-established restaurant in a prime, high-traffic location. This successful business has been operating for many years and offers approximately 1,500 sq. ft. of well-maintained space with excellent visibility and steady customer traffic. The premises feature seating for 24 guests with LLBO licence, a walk-in cooler, walk-in freezer, 6-ft commercial range hood, and a fully equipped kitchen ready for continued operation. Change of use may be possible, subject to landlord and municipal approvals, making this an ideal opportunity for a variety of food concepts. Please note that Indian cuisine and pizza concepts are not permitted. Attractive lease terms with a current lease in place until May 30, 2030, plus a 5-year renewal option. Affordable base rent of only $2,250/month plus TMI and HST. A rare chance to establish or expand your business in a sought-after commercial location.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
ListedJuly 4, 2026
Postal CodeN5W 5Y7

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13516604

Listed by RE/MAX REALTY SERVICES INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$125,000

asking price

MLS®X13516604
TypeCommercial
CityLondon East
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$610

/month · $100,000 mortgage

Down Payment20% — $25,000
Interest Rate5.5%

Amortization

Total Interest

$83,117

Total Cost

$183,117

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

RE/MAX REALTY SERVICES INC.