45 Palace Street, London | Image 1

45 Palace Street

London, South F

  • Commercial

$XXX,XXX
For Sale

Added 2 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R3-2

  • Age: No Data

  • Taxes: 7977.97

  • MLS®#: X8141986

  • Days on Site: 56 Days

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

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: KELLER WILLIAMS LIFESTYLES REALTY, BROKERAGE

Investor's dream in Woodfield! Discover a meticulously maintained 6-unit residential property in London, Ontario. Located in the historic Woodfield neighbourhood, known for its charm and proximity to downtown, this stately building offers an incredible opportunity. Property Highlights: Prime Location: Enjoy tranquility and convenience with parks, shops, and dining nearby. Income Potential: Six units, including two fully renovated ones, offer stable rental income. Tenant Stability: Four units are occupied by long-term tenants, ensuring immediate returns. Ample Parking: Dedicated parking for six vehicles adds to the property's appeal. Architectural Charm: The stately exterior exudes classic elegance. Investment Opportunity: Smart addition to any portfolio, with potential for rent increases and consistent demand. Don't miss out on this chance to own a prestigious property in Woodfield. Contact us today!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: London

  • Community: South F

  • Availability Date: FLEX

  • Assessment Amount: $546,000

  • Assessment Year: 2023

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Elec Forced Air

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 6

Fees

  • Tax Year: 2023

  • Tax Legal Description: NLY 50 FT LT 45 PLAN 12(E) LONDON

  • Taxes: $7,978

  • Expenses: Est

  • Insurance Fee: 3600

  • Heat Expenses: 7500

  • Taxes Type: Annual

  • Tax Year: 2023

Land

  • Cross Street: Adelaide And Central

  • Municipality District: London

  • Parcel Number: 082740075

  • Sewer: Sanitary

  • Lot Depth: 148.25 Feet

  • Lot Frontage: 50 Feet

  • Zoning: R3-2

Commercial Specific

  • Total Area: 3596

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Financial Statement: N

JK-8

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