23 Mcclary Avenue, London | Image 1

23 Mcclary Avenue

London

  • Commercial

$7,050,000
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-Over 20 Units

  • Zoning: R3-2

  • Age: No Data

  • Taxes: 62690

  • MLS®#: X7405450

  • Days on Site: 107 Days

  • Added: Jan 15, 2024 (4 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

Welcome to the McClary Apartments, an exceptional investment opportunity in the heart of Old South, composed of two well-maintained apartment buildings totalling 34 units. Located at 11 & 23 McClary Avenue, this property offers a prime location in a trendy and highly sought-after neighborhood. Situated just minutes from the city core, amenities and employment nodes Old South has garnered recognition as one of the top neighbourhoods in London. Recent improvements include the Roof (2023), Parking Lot (2023), Laundry (2021), and Boiler (2021).

Property

  • Status: Sale

  • Type: Apts-Over 20 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: London

  • Availability Date: Flexible

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Other

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

  • Covered Parking Spaces: 28

Fees

  • Tax Year: 2023

  • Taxes: $62,690

  • Taxes Type: Annual

Land

  • Cross Street: High St

  • Municipality District: London

  • Lot Frontage: 157.52 Feet

  • Zoning: R3-2

Commercial Specific

  • Terms: 12

  • Total Area: 26554

  • Total Area Metric: Sq Ft

  • Minimum Rental Months: 12

  • Lot Code: Lot

JK-8

Holy Rosary Separate School

Elementary: Catholic
0.91 km
JK-8

Wortley Road Public School

Elementary: Public
0.93 km
JK-8

St Martin

Elementary: Catholic
1.11 km
JK-8

Tecumseh Public School

Elementary: Public
0.15 km
JK-8

St. John French Immersion School

Elementary: Catholic
1.06 km
JK-8

Mountsfield Public School

Elementary: Public
1.23 km
9-12

G A Wheable Secondary School

Secondary: Public
1.66 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
1.85 km
9-12

London South Collegiate Institute

Secondary: Public
0.26 km
9-12

London Central Secondary School

Secondary: Public
2.10 km
9-12

Catholic Central High School

Secondary: Catholic
1.91 km
9-12

H B Beal Secondary School

Secondary: Public
1.96 km