Commercial opportunity near Wortley Village and downtown. >35000 traffic count per day, parking for 8 and opposite a busy Tim Hortons and Robert Q Airbus Terminal. Low taxes: $7311.55 (2024). 3 units total; all under lease: 2 retail and one enormous 3 bedroom, 2 bath apartment. Net rents of $81, 488. Of the retail, a thriving butcher shop and busy hair salon occupy the main level units. The salon has been beautifully renovated and had major upgrades to plumbing and electrical systems. The apartment has separate entry through the back and features a showroom kitchen and and newly renovated baths. Over $100,000 spent on recent renovations.
PT LT 1 , PL 300 (4TH) , AS IN 791369; EXCEPT T/W AS IN 791369 CITY OF LONDON
Occupancy
Own+Ten
Taxes (2024)
$7,311.55
Tax Type
Annual
Assessment (2023)
$249,000
Directions/Cross Streets
BYRON AVE E
Neighbourhood
South F
Area
Middlesex
Price History
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Detailed Information
Freestanding
Y
Lot
45.01 x 108 ft
Retail Area
59 percent
Total Area
3,510 ft2
Approximate Age
100+
Air Conditioning
Y
Basement
Y
Garage Type
None
Parking Spaces
8
Heat Type
Gas Forced Air Open
% Building
100
Outside Storage
N
Soil Test
N
Sprinklers
N
Sewers
San+Storm
Utilities
Y
Water
Municipal
Crane
N
Survey
N
Lot/Bldg/Unit Code
Building
Zoning
AC2 (1)
Seller Property Info Statement
N
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