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186 King Street #L30

London East, N6A 1C7·MLS® X13413154·

Listing courtesy of Exp Realty·Updated 12 hours ago

0Beds
0Baths
3,200Sqft
Year Built

Listing price

$14

Est. $0/mo

Days on market

2

Listed Jun 8, 2026

Description

Professional office space available for lease at 186 King Street in the heart of Downtown London. Located within a secure, professionally managed building, this 3,200 SF suite features 11 private offices, a kitchenette, washrooms, reception area, and a functional layout suitable for a variety of professional users. Recently upgraded LED lights and freshly painted walls and doors. The DA1(9) and TSA5 zoning permits a wide range of uses including medical offices, professional offices, studios, wellness services, educational uses, and more. The landlord is willing to work with qualified tenants to create a customized, signature space tailored to their operational needs. Opportunity exists to expand and build out up to approximately 7,300 SF for tenants requiring additional space.Strategically positioned directly along London's new Bus Rapid Transit corridor, the property offers outstanding accessibility and visibility. Surrounded by office towers, retail businesses, entertainment venues, hotels, and hundreds of residential units, including approximately 200 apartment units directly above the building, the location provides a built-in customer and employee base. Just steps from Covent Garden Market and Canada Life Place, home to major sporting events, concerts, and year-round attractions, this location places your business at the center of London's downtown activity. A large public parking lot directly across from the building provides convenient visitor parking, while secured employee parking is available next door for an additional fee.Net rent: $14.00 per SF plus $7.50 per SF TMI ($5,733.33 per month), plus HST and utilities.

Property details

Type

Office — Office

Heating

Gas Forced Air Open

AI property estimate

$13Below Market
$12$14

82% confidence · 10 comparable sales analysed

Location & neighbourhood

Downtown London

London East, ON

Urban core with condos, restaurants, and transit access.

Monthly payment estimate

Mortgage (5.24%, 25yr)$0
Property tax$0
Insurance (est.)$0
Utilities (est.)$250
Total monthly$250

Land transfer tax

Ontario LTT

$0

First-time rebate

$0

First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.

Price & listing history

Jun 8, 2026Listed
$14

Market conditions · East K

Buyer's marketBalancedSeller's market

Avg. sold price

$682,400

+5.2%

Avg. days on market

18

−3d

Sale-to-list ratio

101.2%

+0.8%

Investment analysis

Est. monthly rent

$0

Rental yield

0%

Est. cash flow

-$250

Cap rate

-1.3%

Best time to sell

Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Peak
Good
Average

Affordability

Minimum household income required

$9,378

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

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AI estimate

$13

Below Market

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