430 Richmond Street, London | Image 1

430 Richmond Street

London, East K

  • Commercial

$1,499,000
For Sale

Added 2 months ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.
  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: DA1

  • Age: 100+ years

  • Taxes: 16423.71

  • MLS®#: X9347484

  • Days on Site: 1 Days

  • Added: Sep 12, 2024 (2 months ago)

  • Updated:

  • Last Checked: 1 hour ago

  • Listed By: STREETCITY REALTY INC.

Incredible Opportunity to own this cash flow positive, full renovated, mixed use residential/commercial building along Richmond Street. Located just South of Queens Street, steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Ground floor consists of a open concept bachelor suite with 3 piece washroom. Main floor consists of 2000 SF of retail space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated; 1-2 bedroom and 1 open concept Bachelor unit 800 SF, with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dining, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units both with 3 piece bathrooms leased at $1600 and $1400 inclusive. Common area coin laundry for extra weekly income.

Extras

Approved fire plan in place. Rental License with City of London. Fully compliant.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 100+

  • Area: London

  • Community: East K

  • Availability Date: Flexible

Inside

  • Bathrooms: 6

  • Air Conditioning: Y

  • Washrooms: 6

Utilities

  • Utilities: Yes

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT 10 SW QUEENS AV AS IN LC183470; T/W LC183470

  • Taxes: $16,424

  • Taxes Type: Annual

Land

  • Cross Street: Queens and Dundas

  • Municipality District: London

  • Sewer: Sanitary

  • Lot Depth: 97.55 Feet

  • Lot Frontage: 19.05 Feet

  • Lot Irregularities: 97.60 ft x 19.05 ft x

  • Zoning: DA1

Commercial Specific

  • Retail Area: 2000

  • Retail Area Metric: Sq Ft

  • Sprinklers: N

  • Total Area: 6000

  • Total Area Metric: Sq Ft Divisible

  • Industrial Area Metric: Sq Ft

  • Office Size: 4000

  • Office Size Metric: Sq Ft

  • Lot Code: Building

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.
JK-8

Victoria Public School

Elementary: Public
1.55 km
JK-8

St Georges Public School

Elementary: Public
1.55 km
JK-8

St Martin

Elementary: Catholic
1.65 km
JK-8

Tecumseh Public School

Elementary: Public
1.82 km
K-8

Lord Roberts Public School

Elementary: Public
1.14 km
K-8

Jeanne-Sauvé Public School

Elementary: Public
1.33 km
9-12

G A Wheable Secondary School

Secondary: Public
2.82 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
2.54 km
9-12

London South Collegiate Institute

Secondary: Public
1.78 km
9-12

London Central Secondary School

Secondary: Public
0.63 km
9-12

Catholic Central High School

Secondary: Catholic
0.90 km
9-12

H B Beal Secondary School

Secondary: Public
1.27 km
For Sale
2 years ago
$1,855,855
  • 7 bath
  • 0 bed

224, 22 RICHMOND Street, London, Ontario • N6B 2H6 • East K

For Sale
8 months ago
$1,495,900
  • 0 bath
  • 0 bed

392-396 CLARENCE Street, London, Ontario • N6B 1V7 • East F

For Sale
2 months ago
$1,350,000
  • 4 bath
  • 0 bed

54 Stanley Street, London, Ontario • N6C 1B1 • South F

For Sale
2 months ago
$1,499,900
  • 5 bath
  • 0 bed

64 Duchess Avenue, London, Ontario • N6C 1N2 • South F

For Sale
1 month ago
$1,750,000
  • 0 bath
  • 0 bed

284 Dundas Street, London, Ontario • N6B 1T6 • East F

For Sale
3 weeks ago
$1,588,000
  • 0 bath
  • 0 bed

919 Oxford Street East, London, Ontario • N5Y 3J8 • East G