Homula Realty Brokerage
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2300 Wharncliffe Road S, London South, ON N6P 1L1

Commercial Retail
$20

A rare opportunity to acquire a stand alone turn-key restaurant in the centre of Lambeth's Retail District. Well suited for a family style or road house type restaurant, Easy access and plenty of onsite parking. Building consists of 3,380 square feet and features front, rear and side entrances, entrance vestibule, a tavern area with sit-up bar, main dining room and private dining room. Oversized outdoor patio that seats 40 patrons. Full commercial kitchen with commercial ventilation and fire suppression, 2 employee washrooms, 2 customer washrooms, walk-in cooler and a storage room. Gross monthly rent of $8,385.22. Five year lease preferred. Major renovations were completed in 2014. Contact listing agents for further details and to book a viewing. Property also for sale. See MLS Number X13104460 for details.

MLS number
X13104458
Type
Commercial Retail
Status
Active
Bedrooms
—
Bathrooms
4
Postal code
N6P 1L1
Photos
20
Property tax
$20,975 / year
128days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Matched to this street. The listing did not say which direction, and every candidate was in the same place.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Lambeth Public School
Thames Valley DSB
Elementary590 m8.8 / 10
88% met the standard
Covenant Christian SchoolElementary749 mNot reported
White Pine Public School
Thames Valley DSB
Elementary2.2 kmNot reported
Red Leaf EducationSecondary2.2 kmNot reported
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 583 people.

$158,000Median household income
100%Own their home
97.2%Detached houses
50.8Median age
14%Born outside Canada
38.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35390466 — the few blocks around this address, home to 583 people. It describes the area, not this property.

583Population
48.4Average age
2.8Household size
$182,000Average household income
$158,000Median household income
100%Own their home
0%Rent
8%Condominiums
14%Born outside Canada
39%University degree
$840,000Average home value
2%Low income
73%Not in the labour force
15%Never married
$50,000 to $59,9992%
$60,000 to $69,9992%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9992%
$100,000 and over44%
$100,000 to $124,9997%
$125,000 to $149,9997%
$150,000 to $199,99911%
$200,000 and over20%

Percentages are of the 305 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Listed by RE/MAX CENTRE CITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.