115 GLADSTONE Avenue, London | Image 1

115 GLADSTONE Avenue

London, South I

  • Commercial

$564,000
For Sale

Added 8 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R2-2

  • Age: No Data

  • Taxes: 3492.19

  • MLS®#: X8286208

  • Days on Site: 242 Days

  • Added: Mar 19, 2024 (8 months ago)

  • Updated:

  • Last Checked: 9 hours ago

  • Listed By: THE AGENCY REAL ESTATE

Cash Cow - 5 separate units in this property - Rents $730, $730, $900, $1000, $1900 per month. $5,260 Rent per month. All tenants on seperate leases. Close to 1% rule with room to improve. Lots of parking. Close to the hospital.

Property

  • Status: Sale

  • Property Type: Investment

  • Area: London

  • Community: South I

  • Availability Date: Flexible

  • Assessment Amount: $200,000

  • Assessment Year: 2017

Inside

  • Bathrooms: 5

  • Air Conditioning: Central Air

  • Washrooms: 5

Building

  • Basement: Y

  • Heat Type: Forced Air

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: LTS 96, 97 & SLY 15 FT LT 98 PLAN 462 LONDON/WESTMINSTER

  • Taxes: $3,492

  • Insurance Fee: 2500

  • Heat Expenses: 12000

Land

  • Cross Street: Thompson Rd, North o

  • Municipality District: London

  • Parcel Number: 083540086

  • Sewer: Sewers

  • Lot Depth: 125 Feet

  • Lot Frontage: 64.99 Feet

  • Zoning: R2-2

Commercial Specific

  • Total Area: 1496

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

JK-8

Holy Cross Separate School

Elementary: Catholic
1.31 km
JK-8

Trafalgar Public School

Elementary: Public
1.10 km
JK-8

St Sebastian Separate School

Elementary: Catholic
0.95 km
4-8

Lester B Pearson School for the Arts

Elementary: Public
0.90 km
JK-8

C C Carrothers Public School

Elementary: Public
0.98 km
JK-8

Princess Elizabeth Public School

Elementary: Public
0.48 km
9-12

G A Wheable Secondary School

Secondary: Public
0.38 km
9-12

Thames Valley Alternative Secondary School

Secondary: Public
3.05 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
0.91 km
9-12

London South Collegiate Institute

Secondary: Public
2.22 km
9-12

Sir Wilfrid Laurier Secondary School

Secondary: Public
2.73 km
9-12

H B Beal Secondary School

Secondary: Public
2.46 km
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