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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13741972For SaleMultiplex

724 York St

East L, London East, Ontario N5W 2S8

Map
1 / 13
724 York St, London East, photo 1
Asking$1,799,900
Bedrooms
22
Bathrooms
22
Size
5,000 +sq ft
Lot
62.1 x 270 ft
Tax a year
$22,8142026 tax year
Parking
40none
Days on market
Members

The brief

About 724 York St

724 York St is a 22-bedroom, 22-bathroom multiplex in East L, London East, listed for sale at an asking price of $1,799,900 (MLS® X13741972).

Prime Residential Conversion & Development Opportunity! Excellent opportunity at 724 York Street. The existing two-storey commercial shell offers 10,000+ sq. ft. above grade plus a full-height lower level with 5,000+ sq. ft. Recent zoning changes permit up to 22 residential units and/or commercial uses, with redevelopment drawings available. Flexible RSC and R8-4 zoning supports renovation-to-suit or new development, with potential Urban Corridor designation. Excellent visibility, strong traffic counts, signage opportunities, transit access and a central location near amenities. Bring your vision to 724 York Street!

Insights

  • Condition Score

    Good

    6 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$22,814 / 2026
MLS® number
X13741972
Board
TRREB MLS®
Property Type
Multiplex
Days on market
Size
5000 + sqft
Lot Size
62.1 x 270 ft
Listed on
Parking
None, 40 Parking
Listing brokerage: THRIVE REALTY GROUP INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Multiplex
Style
2-Storey
Community
East L
Municipality
London East

Building

Size
5000 + sqft
Construction
Brick

Inside

Bedrooms
22
Bathrooms
22
Bathroom Details
22 × 4pc
Basement Type
Development Potential
Kitchens
22

Parking

Garage Type
None
Additional Parking
40
Total Parking
40

Utilities

Water
Municipal
Cooling
Other
Heating Type
Other

Land

Sewer
Sewers
Frontage
62.1 ft
Depth
270 ft
Lot Size
62.1 x 270 ft

Additional

Foundation
Concrete
Roof
Flat
Fireplace
No
Pool
None
Den
No
Family room
No

Rooms

Room details unavailable

The listing source did not provide room-level measurements or features.

Listing history

Buy/sell history for 724 York St, London East, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,799,900N/AFor SaleX13741972

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $359,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$359,980
Total mortgage amount
$1,439,920
Total interest payment
$1,023,680
Total purchase cost
$2,823,580
Mortgage payment
$8,212/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$10,113
−$10,113per month
  • Rent $0
  • Shortfall $10,113

Rental income starts at $0: enter the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$32,473
Total land transfer tax
$32,473
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$28,473
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,799,900
$27,998
Ontario total
$32,473

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
16,767 sq ft1,558 m²
Street frontage
62.1 ft18.9 m
Depth
270 ft82.3 m
62.1 × 270 ftYORK ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

13 records · 6 on fileRead 2026-10-28
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 mNo water-supply well recorded within 250 mGroundwater recorded about 5.8 m below ground nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 6.8 kmNearest rail line: 160 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 mNo facility within 1 km reports pollutant releases to Environment CanadaNo federal contaminated site within 1 kmElectricity is distributed here by London Hydro Inc.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation3

  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m18 test or monitoring holes also recorded.250 m
  • Groundwater recorded about 5.8 m below ground nearbyThe middle water level in the well records within 500 m (112 records). It changes with the season and from spot to spot.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 6.8 km6.8 km

Province of Ontario open data

Around the home1

  • Nearest rail line: 160 m160 m

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is London District Energy, 1.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
  • No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by London Hydro Inc.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers, Start Communications. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Execulink, Rogers, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Upper Thames River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Market area · filters apply to the charts below

The street

Map and tour

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Aberdeen Public SchoolThames Valley DSBPublic · grades JK–8750 m56%Grade 6 average
Woodfield French Immersion Public SchoolThames Valley DSBPublic · grades JK–8 · French Immersion1.2 km77%Grade 6 average
St. John French Immersion SchoolLondon District Catholic School BoardCatholic · grades JK–8 · French Immersion1.2 km83%Grade 6 average
Académie de la TamiseConseil scolaire ViamondeFrench-language public · grades JK–62.2 km92%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
H B Beal Secondary SchoolThames Valley DSBPublic · grades 9–12650 m56%Grade 9 math
Catholic Central High SchoolLondon District Catholic School BoardCatholic · grades 9–121.1 km57%Grade 9 math
B Davison Secondary School Secondary SchoolThames Valley DSBPublic · grades 9–121.2 km—
École secondaire catholique Monseigneur-BruyèreConseil scolaire catholique ProvidenceFrench-language Catholic · grades 9–123.2 km57%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in East L are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record