1005 Notre Dame Drive, London | Image 1

1005 Notre Dame Drive

London, South O

  • Commercial

$7,250,000
For Sale

Added 1 month ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R8-2

  • Age: No Data

  • Taxes: 42006.37

  • MLS®#: X8199670

  • Days on Site: 2 Days

  • Added: Apr 02, 2024 (1 month ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CENTURY 21 FIRST CANADIAN CORP

Triple "A" 23 unit building. Great location, renovations completed with high end finishes and quality work. Pride of ownership throughout this investment. 21 units completed as per interior photos, mix 9-1 bedrooms & 14-2 bedrooms. Always rented, with great tenants. Possibly the best renovated and maintained 23 unit building in London, Ontario. Great opportunity to own this worry free investment with value added. Do not disturb tenants or gain access to the building. ASSUMABLE C.M.H.C. FIRST MORTGAGE WITH FIRST NATIONAL 3,200,000 @ 2.88% MATURING SEPT/1/2029 WITH THE CURRENT MORTGAGE IT'S A 5.66 CAP RATE.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: London

  • Community: South O

  • Availability Date: FLEXIBLE

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Hot Water

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: Lane

  • Covered Parking Spaces: 23

Fees

  • Tax Year: 2023

  • Taxes: $42,006

  • Taxes Type: Annual

Land

  • Cross Street: Off Southdale Road B

  • Municipality District: London

  • Sewer: San+Storm

  • Lot Depth: 86.98 Feet

  • Lot Frontage: 206.04 Feet

  • Zoning: R8-2

Commercial Specific

  • Rail: N

  • Total Area: 24864

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Survey: N

Map of 1005 Notre Dame Drive, London
JK-8

St Jude Separate School

Elementary: Catholic
0.97 km
JK-8

Arthur Ford Public School

Elementary: Public
1.36 km
JK-8

W Sherwood Fox Public School

Elementary: Public
1.68 km
JK-6

École élémentaire catholique Frère André

Elementary: Catholic
2.69 km
JK-8

Sir Isaac Brock Public School

Elementary: Public
0.60 km
JK-8

Westmount Public School

Elementary: Public
2.08 km
9-12

G A Wheable Secondary School

Secondary: Public
5.23 km
9-12

Westminster Secondary School

Secondary: Public
2.15 km
9-12

London South Collegiate Institute

Secondary: Public
3.78 km
9-12

London Central Secondary School

Secondary: Public
5.69 km
9-12

Catholic Central High School

Secondary: Catholic
5.70 km
9-12

Saunders Secondary School

Secondary: Public
2.02 km
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