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Type: Store W/Apt/Office
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Property Type: Commercial
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Zoning: DA1
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Age: 100+ years
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Taxes: 18605.68
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MLS®#: X11937786
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Added: Jan 23, 2025 (8 hours ago)
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Updated:
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Last Checked: 1 hour ago
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Listed By: THRIVE REALTY GROUP INC.
Welcome to a premier investment opportunity in the heart of London! This Licensed, mixed-use property features three well-appointed residential units (LEASED), a prime main -floor commercial space (LEASED), and a potential basement commercial unit, offering a rare blend of residential and commercial income streams. Situated on the highly sought-after "My Dundas Place" corridor, this property is perfectly positioned for both immediate returns and long-term growth. The residential units, thoughtfully configured, ensure high demand and quick occupancy. Notable upgrades include a newer furnace for the commercial unit, modern mini-split systems in residential units 2 and 3, a partially replaced roof, a comprehensive video surveillance system, electronic door locks for each unit, and currently has a rental license. This turnkey property is an investor's dream, combining functionality, location and profitability in one exceptional package.
Property
Status: Sale
Property Type: Store W/Apt/Office
Property Type: Store With Apt/Office
Age: 100+
Area: London
Community: East F
Availability Date: Flexible
Inside
Air Conditioning: Y
Utilities
Utilities: Yes
Building
Basement: Y
Heat Type: Gas Forced Air Closd
Elevator: None
Green Verification Status: N
Freestanding: Y
Outside Storage: N
Water Supply: Municipal
Physically Handicapped-Equipped: N
Parking
Garage Type: None
Fees
Tax Year: 2024
Tax Legal Description: PT LT 7 NW DUNDAS ST AS IN W34293; T/W W34293 LONDON
Taxes: $18,606
Taxes Type: Annual
Land
Cross Street: Between Richmond & C
Municipality District: London
Parcel Number: 082640084
Sewer: Sanitary
Lot Depth: 132.5 Acres
Lot Frontage: 18.5 Acres
Zoning: DA1
Commercial Specific
Rail: N
Retail Area: 1000
Retail Area Metric: Sq Ft
Sprinklers: N
Total Area: 4478
Total Area Metric: Sq Ft
Office Size: 1500
Office Size Metric: Sq Ft
Area Influence: Public Transit
Franchise: N
Lot Code: Building
St Georges Public School
Elementary: PublicSt Martin
Elementary: CatholicTecumseh Public School
Elementary: PublicSt. John French Immersion School
Elementary: CatholicLord Roberts Public School
Elementary: PublicJeanne-Sauvé Public School
Elementary: PublicG A Wheable Secondary School
Secondary: PublicB Davison Secondary School Secondary School
Secondary: PublicLondon South Collegiate Institute
Secondary: PublicLondon Central Secondary School
Secondary: PublicCatholic Central High School
Secondary: CatholicH B Beal Secondary School
Secondary: Public
