Office (3.47 × 3.76)
Level: Main
587 Lambton St
East B, London East, Ontario N5Y 4G1
Description
LOCATED AT ADELAIDE / LAMBTON, HIGH TRAFFIC COUNT WITH EXCELLENT COMMERCIAL/RESIDENTIAL USE. Unique freehold mixed-use opportunity in a great London location! This versatile property offers a combination of commercial space, residential income and additional living flexibility, all on one property. The upper level features a bright 2-bedroom apartment with a full 4-piece bathroom, updated kitchen finishes and refinished hardwood floors, currently rented and providing immediate income. The main floor offers flexible office space with two separate office/flex areas, a kitchenette and 2-piece bathroom, making it ideal for a business owner or professional office. Finished basement offering additional living space with an existing kitchen area and plumbing in place, providing potential for future use. Basement has not been rented in many years. Buyer to verify continued use. Situated on a property with 8 on-site parking spaces accessible off of Lambton Street, this building offers exceptional flexibility for an owner-user, investor or entrepreneur looking to combine residential and commercial uses. Additional updates include a metal roof and eavestroughs (2020/21), two owned hot water tanks (2020), newer front door, dedicated bell fibre optic line and various updates throughout the home. The property is equipped with two furnaces, with one serving the main and lower levels and the other dedicated to the upper-level apartment. Double-brick construction with additional insulation provides excellent sound separation, making the interior remarkably quiet. Zoned OC5/R2-2, offering a range of permitted uses. A rare opportunity to own a flexible mixed-use property with multiple potential revenue streams.
01 / Property recordListing detailsFacts, history, rooms and location
Key Facts
- MLS® #
- X13798490
- Board
- TRREB MLS®
- Days on market
- Tax
- $10,144
- Size
- 2000-2500 sqft
- Lot
- 48.85 × 143.71 Feet
- Parking
- None, 8 Parking
Listing History
Listing activity for 587 Lambton St, London East, Ontario
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| N/A | N/A | $864,900 | N/A | For Sale | X13798490 |
Property Details
Property
- Property Type
- Detached
- Style
- 2-Storey
- Community
- East B
- Municipality
- London East
Inside
- Bedrooms
- 2+1
- Bathrooms
- 3
- Bathroom Detail
- 1, 2pc, Main
- Bathroom Detail
- 1, 3pc, Bsmt
- Bathroom Detail
- 1, 4pc, 2nd
- Basement Type
- Finished
- Kitchens
- 1
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Building
- Size
- 2000-2500 sqft
- Construction
- Brick
Parking
- Garage Type
- None
- Add. Parking
- 8
- Total Parking
- 8
Land
- Sewer
- Sewers
- Lot Size
- 48.85 × 143.71 Feet
- Lot Size Code
- Feet
Additional
- Year built
- 51-99
- Foundation
- Concrete Block
- Roof
- Metal
- Fireplace
- N
- Pool
- None
- Den
- N
- Family room
- N
- Extras
- All existing: Washer, dyer, fridge, stove, fridge in basement, stove in basement, all window coverings, two owned hot water heaters
Rooms (16)
Office (3.46 × 3.74)
Level: Main
Bathroom (1.56 × 1.54)
2 Pc Bath
Level: Main
Other (5.2 × 10.86)
Level: Main
Other (1.96 × 1.12)
Level: Main
Br (3.4 × 4.49)
Level: 2nd
2nd Br (3.47 × 3.79)
Level: 2nd
Bathroom (2.36 × 1.44)
4 Pc Bath
Level: Main
Living (4.06 × 3.73)
Level: 2nd
Dining (4.06 × 2.48)
Level: 2nd
Kitchen (3.07 × 4.66)
Level: 2nd
Rec (3.35 × 6.68)
Level: Bsmt
3rd Br (3.27 × 4.34)
Level: Bsmt
Bathroom (1.66 × 1.77)
3 Pc Bath
Level: Bsmt
Utility (3.37 × 6.28)
Level: Bsmt
Laundry (3.09 × 4.77)
Level: Bsmt
Location
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
14 records read 9 on record nearby 5 checked, none on recordRead 2026-10-28
Water and conservation
- No mapped wetland within 120 m
- 1 water-supply well recorded within 250 m15 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 4.9 m.
- Groundwater recorded about 2.7 m below ground nearbyThe middle water level in the well records within 500 m (56 records). It changes with the season and from spot to spot.
- Bedrock about 39.3 m down nearbyThe middle depth to bedrock in the well records within 500 m.
Province of Ontario open data
Planning and building activity
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areas
- Nearest airport: 6.7 km
Province of Ontario open data
Around the home
- A trail on the Ontario trail network within 1 km
Province of Ontario open data
Environmental records
- No licensed pit or quarry within 2 km
- No recorded oil, gas or salt well within 250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Corporation of the City of London — Adelaide Pollution Control Plant, 960 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.
Province of Ontario open data · Government of Canada open data
Power and internet
- Electricity is distributed here by London Hydro Inc.
- Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this 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.
Ontario Energy Board · Innovation, Science and Economic Development Canada
None of this is an inspection of the property. Confirm anything that matters to you with the municipality, the conservation authority or the record’s publisher. Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
02 / Plan your numbersToolsMortgage and cash-flow planning
Mortgage Tools
Mortgage calculator
20%
Monthly Payment
$3,965
- Down payment$172,980
- Mortgage amount$691,920
- Total interest$497,580
- Total cost$1,362,480
Cash flow analysis
$3,965
Total monthly payment
$4,810
Break-even down payment
100%
Cash flow-$4,810
03 / Community profileNeighbourhood demographicsPeople, homes and household context
Expand Neighbourhood demographics to load Statistics Canada census charts.
$864,900
$864,900
CAD
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