For Rent

523 Richmond Street, London East, Ontario N6A 3E8

$12,500

523 Richmond Street, London East, Ontario N6A 3E8 is For Rent and has a listing price of 12,500. The property is located in the London East . It's been on the website for 17 Days.

  • MLS ID: X12370438
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Property Description

Take advantage of this rare opportunity to lease a fully equipped, exquisite, and licensed restaurant in the heart of London’s vibrant Richmond Row. This location is a standout destination for locals and visitors alike. Just steps from major venues like Budweiser Gardens and Canada Life Place, it is the perfect pre or post event dining spot. The area is lively and walkable, surrounded by shops, entertainment, and a vibrant urban vibe. Located at 523 Richmond Street, this spacious venue offers a transferable liquor license for 187 indoor seats + 94 patio seats, private dining space, Net Rent = $12,500 per month + TMI = $6,200 per month. Their stunning patio has been recognized among Canadas Top 100 Outdoor Eateries by OpenTable, making this location a true hidden gem and a must-visit dining destination in downtown London. Set up for success with a turnkey layout, high foot traffic, and excellent exposure. Ideal for experienced operators ready to hit the ground running in one of Londons most dynamic corridors. Chattels & Equipment can be purchased from the Landlord for $100,000.

Property Details
  • Property Type: Commercial
  • Listing Type: For Rent
  • Listing ID: X12370438
  • Price: $12,500
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 137
  • Ref ID: X12370438
  • Dir / Cross St: Richmond St & Dufferin Ave
  • Status: Active
  • Tax Year: 2025
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
08/29/2025 X12370438 $12,500 For Rent - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $1,853 Average List Price
    based on 1 year
  • 339 New Listings
    based on 30 days
  • 67 Median Days on Market
    based on 1 year
  • List vs. Selling Price 179.96 % Up
  • Sold (12mo) 365
  • Rented (12mo) 110

  • 1 Month Change -23.3%
  • 3 Month Change +108.5%
  • 6 Month Change -
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Y
  • Taxes: $6,200
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 29/08/2025 17:03:38
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