$519,900
Available - For Sale
Listing ID: X8409660
239 Hamilton Rd , London, N5Z 1P9, Ontario
| Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today! |
| Price | $519,900 |
| Taxes: | $4628.61 |
| Tax Type: | Annual |
| Assessment Year: | 2023 |
| Occupancy by: | Own+Ten |
| Address: | 239 Hamilton Rd , London, N5Z 1P9, Ontario |
| Postal Code: | N5Z 1P9 |
| Province/State: | Ontario |
| Legal Description: | PT LT 40 PLAN 110(3RD) AS IN 865584 LOND |
| Lot Size: | 49.56 x 81.08 (Feet) |
| Directions/Cross Streets: | Hamilton Road at Dreaney Avenue |
| Category: | Store With Apt/Office |
| Building Percentage: | Y |
| Total Area: | 3862.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 1489 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 2373 |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Stamp Art |
| Days Open: | 6 |
| Hours Open: | 10-4 |
| LLBO: | N |
| Sprinklers: | N |
| Heat Type: | Gas Forced Air Closd |
| Central Air Conditioning: | Part |
| Water: | Municipal |
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Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
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At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East L |
| Lot Size: | 49.56 x 81.08(Feet) |
| Tax: | $4,628.61 |
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