Why Rent when you can Own? For the cost leasing, own your Space! Prime Downtown Commercial / Office / Retail / Recreational Condo Unit For Sale. Exceptional Value. Rare opportunity to acquire a 10,015 SF commercial condo unit in the heart of downtown London. Located at 390 King Street (London Towers...) at the high-profile intersection of King St & Colborne St, this property offers excellent exposure within walking distance to key downtown landmarks including Delta Hotels London Armouries, Canada Life Place, Victoria Park & Richmond Row, offering immediate access to restaurants, retail & business services. Excellent opportunity for investors, professionals or businesses seeking a downtown presence at a highly competitive price point. Unit 11-15 consists of 10,015 SF of functional commercial space & is attractively priced at $575,000 ($65 PSF), representing outstanding value for downtown ownership. Property Highlights: - Total Area: 10,015 SF. - Asking Price: $575,000 ($65/PSF). - Property Taxes (2025): $10,577.94. - Condo Fees: $9,644.48/month (inclusive of common area maintenance, snow removal, building insurance & all utilities). - On-site underground parking available. - Prominent signage opportunity. - Ownership includes access to a wide range of building amenities, including indoor pool, fitness centre, sauna, party room & rooftop outdoor area. - The building features secure fob entry, is fully wheelchair accessible, and includes elevator access along with common washrooms on both the 1st & 2nd floors. - The unit is being offered under Power of Sale, presenting a unique opportunity for investors and owner-users. Zoning: DA2 & TSA5 - Retail stores, offices, Clinics / Medical / Dental, Commercial Recreational. Assembly halls, Place of worship, day care centres, financial, laboratories, Taverns, private clubs, personal service, etc.
Full Property Details
General
Business Type
Professional Office
Retail Area
10015.00 Sq Ft
Office Area
10015.00 Sq Ft
Total Area
10015.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Business Type
Professional Office
Retail Area
10015.00 Sq Ft
Office Area
10015.00 Sq Ft
Total Area
10015.00 Square Feet
Sprinklers
Yes
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-
Interior
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Washrooms
0
Heating Fuel
Gas Forced Air Open
Air Conditioning
Yes
Exterior
Depth
331.15
Front
192.76
Lot Size
193 x 331.15 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Underground
Garage Spaces
-
Zoning
DA2 - Downtown Area Zone & TSA5
Depth
331.15
Front
192.76
Lot Size
193 x 331.15 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Underground
Garage Spaces
-
Zoning
DA2 - Downtown Area Zone & TSA5
Building Description
Home Type
Commercial
Subtype
Office
Sewers
Sanitary
Water Supply
Municipal
Possession Date
4/1/2026
Home Type
Commercial
Subtype
Office
Sewers
Sanitary
Water Supply
Municipal
Possession Date
4/1/2026
Community
Community
East K
Community
East K
Taxes & Fees
Taxes
$10,577.90 /yr
Tax Year
2025
Occupancy
Vacant
Taxes
$10,577.90 /yr
Tax Year
2025
Occupancy
Vacant
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