Welcome to an unparalleled investment opportunity in the heart of the City of London! This licensed three-unit residential haven, coupled with a prime main floor commercial space and a lucrative basement commercial unit, stands as a beacon for savvy investors seeking a slice of urban prosperity. Strategically positioned on the prestigious My Dundas Place design stretch, this mixed-use building promises both immediate and long-term returns. The residential units, a trio of thoughtfully furnished spaces, offer an enticing prospect for tenants, ensuring swift occupancy. The property boasts a host of upgrades, including a newer furnace for the commercial unit, modern mini-splits in units 2 and 3, a partial roof replacement, comprehensive video surveillance system wired throughout, electronic door locks for each unit, and a pre-secured rental license – all meticulously designed to elevate this property into an investor's dream. With careful attention to detail and a commitment to maximizing returns, this mixed-use gem presents an extraordinary chance to capitalize on the thriving urban landscape. Don't miss out on this rare opportunity. (id:47423)
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Detailed Information
Lot
18 x 132 ft
Amenities Nearby
Public Transit, Schools
Communication Type
High Speed Internet
Community Features
High Traffic Area
Features
Southern exposure, Visual exposure
Listing Contract Date
2024-01-26
Location Description
LOCATED ON THE NORTH SIDE OF DUNDAS BETWEEN RICHMOND STREET AND CLARENCE STREET
Ownership Type
Freehold
Property Type
Office
Signage
Pylon
Transaction Type
For sale
Zoning Description
DA1
Building
Basement Type
Full
Exterior Finish
Brick
Foundation Type
Brick
Stories Total
3
Size (Exterior)
6481
Utility Water
Municipal water
Utilities
Type
Description
Electricity
Available
Natural Gas
Available
Telephone
Available
Land
Total Size
0.057 acres
Access Type
Road access
Amenities
Public Transit, Schools
Sewer
Municipal sewage system
Size of Irregular Land
0.057
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