Your Next Move

Find a REALTOR® Find my Dream Home What’s my Home Worth?
587 LAMBTON STREET London East

587 LAMBTON STREET, London East

$864,900

  • 3
  • 3
2,250 Square Feet
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. (id:58875)
  • Listing ID: X13798490
  • Property Type: Single Family
View Additional Photos

Schedule a Tour

Schedule a showing today, it is free, with no obligation. Cancel any time.

Make an Offer
Book a Showing
Get More Information

Talk to a Home Lifestyle Matchmaker

Use our neighbourhood guide to score the perfect match between your lifestyle and home. When ready to buy, we will put you in touch with a REALTOR® who specializes in London East.

Rooms

LevelTypeDimensions
Second LevelKitchen4.66 m x 3.07 m
Second LevelBedroom4.49 m x 3.4 m
Second LevelBedroom 23.79 m x 3.47 m
Second LevelLiving Room3.73 m x 4.06 m
Second LevelDining Room2.48 m x 4.06 m
BasementRecreational, Games Room6.68 m x 3.35 m
BasementBedroom 34.34 m x 3.27 m
BasementBathroom1.77 m x 1.66 m
BasementUtility Room6.28 m x 3.37 m
BasementLaundry Room4.77 m x 3.09 m
Main LevelOffice3.76 m x 3.47 m
Main LevelOffice3.74 m x 3.46 m
Main LevelBathroom1.54 m x 1.56 m
Main LevelOther10.86 m x 5.2 m
Main LevelOther1.12 m x 1.96 m
Main LevelBathroom1.44 m x 2.36 m

Details

  • Amenities Nearby: Public Transit, Schools
  • Equipment: None
  • Ownership: Freehold
  • Parking Spaces: 8
  • Rental Equipment: None
  • Transaction: For sale
  • View: City view
  • Zoning Description: OC5 R2-2

Building

  • Appliances: Water Heater, Stove, Washer, Window Coverings, Refrigerator
  • BasementType: N/A (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 2
  • Bedrooms Lower Level: 1
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick
  • Fireplace Present: False
  • Foundation: Block
  • Bathrooms (Half): 1
  • Bathrooms (Total): 3
  • Heating: Forced air
  • Heating Fuel: Natural gas
  • Size Interior: 2000 - 2500 sqft
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Amenities: Public Transit, Schools
  • Sewer: Sanitary sewer
  • Size Depth: 143 ft ,8 in
  • Size Frontage: 48 ft ,10 in
  • Size Irregular: 48.9 x 143.7 FT

REALTOR® MLS®
Listing provided by RE/MAX CENTRE CITY REALTY INC.
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.

Powered by REALTOR®
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association.

Request More Information

Want more information or schedule a showing? Let us put you in touch with one of our agents who specializes in .

    Are you under contract with a real estate agent or REALTOR®?
    YesNo

    You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

    This property for sale is located at 587 LAMBTON STREET in London. It was last modified on September 18th 2026. Let us connect you with one of our real estate agents to schedule a viewing or to discover other London homes for sale.

    Terms of Use Agreement

    Terms of Use
    This website is operated by Royal LePage® Triland Realty, a brokerage who is a member of The Canadian Real Estate Association (CREA). The content on this website is owned or controlled by CREA. By accessing this website, the user agrees to be bound by these terms of use as amended from time to time, and agrees that these terms of use constitute a binding contract between the user, Royal LePage® Triland Realty, and CREA.

    Copyright
    The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.

    Trademarks
    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.

    Liability and Warranty Disclaimer
    The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.

    Amendments
    Royal LePage® Triland Realty may at any time amend these Terms of Use by updating this posting. All users of this site are bound by these amendments should they wish to continue accessing the website, and should therefore periodically visit this page to review any and all such amendments.

    AgreeDecline

    Make an Offer

      Are you under contract with a real estate agent or REALTOR®?YesNo

      You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

      Your Offer

      Do you want to view this property first?YesNo

      Do you want to waive all conditions?YesNo

      Request an In-house Showing

        Are you under contract with a real estate agent or REALTOR®?YesNo

        You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

        Are you a real estate agent or REALTOR®?YesNo

        You've indicated that you are a REALTOR® looking to schedule an appointment. This is not a Royal LePage® Triland Realty property and we cannot schedule showing requests. Please contact the listing agent.

        When are you available?

        Request More Information

          Are you under contract with a real estate agent or REALTOR®?
          YesNo

          You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

          Let us find a Property to Match your Lifestyle

            Your Lifestyle Characteristics

            Are you under contract with a real estate agent or REALTOR®?

            YesNo

            You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

            Schedule an In-house Tour

              Not already working with a REALTOR®? If you are not working with a real estate agent, you can schedule a private viewing to tour this property with one of our professionals.

              Are you under contract with a real estate agent or REALTOR®?YesNo

              You've indicated that you are currently working with a REALTOR®. Please be advised that TRESA 2002 and supporting Rules and Regulations, restricts the amount of information that we are able to provide to you as a client of another Brokerage or REALTOR®. Therefore, any further information must be sought directly from your current REALTOR®.

              Are you a real estate agent or REALTOR®?YesNo

              You've indicated that you are a REALTOR® looking to schedule an appointment. This is not a Royal LePage® Triland Realty property and we cannot schedule showing requests. Please contact the listing agent.