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428 Clarence Street

East F / London East, ON N6A 3M8

ActiveFor Sale
0 Beds
0 Baths
Commercial
Virtual Tour Available

About This Property

Excellent opportunity to own a well-established restaurant business in the heart of London's downtown core. Located in a desirable high-traffic commercial area next to TD Bank and surrounded by offices, retail businesses, and strong pedestrian activity, this business offers excellent visibility, convenient access, and strong potential for future growth. The restaurant has been successfully operating for 6 years and features a spacious dining area with seating for approximately 144 guests, a large commercial kitchen, and a private room ideal for parties, corporate meetings, presentations, and special events. This is a turnkey business opportunity suitable for owner-operators, entrepreneurs, investors, or experienced restaurant operators. The buyer may have the option to continue with the existing franchise, including brand name, training, marketing, support, and operational guidance, or operate independently, subject to all required approvals, regulations, and applicable franchise conditions. Very attractive rent of approximately $7,300 per month including HST. List of chattels, equipment, and sales information available upon request.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeN6A 3M8
Last UpdatedAug 8, 2026 · 6:34 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X13241802

Listed by EVEREST REALTY LTD.

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.

$349,999

asking price

MLS®X13241802
TypeCommercial
CityLondon East
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,709

/month · $279,999 mortgage

Down Payment20% — $70,000
Interest Rate5.5%

Amortization

Total Interest

$232,728

Total Cost

$512,727

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

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Listed By

EVEREST REALTY LTD.