Welcome to a premier investment opportunity in the heart of London! This Licensed, mixed-use property features three well-appointed residential units (LEASED), a prime main -floor commercial space (LEASED), and a potential basement commercial unit, offering a rare blend of residential and commercial income streams. Situated on the highly sought-after "My Dundas Place" corridor, this property is perfectly positioned for both immediate returns and long-term growth. The residential units, thoughtfully configured, ensure high demand and quick occupancy. Notable upgrades include a newer furnace for the commercial unit, modern mini-split systems in residential units 2 and 3, a partially replaced roof, a comprehensive video surveillance system, electronic door locks for each unit, and currently has a rental license. This turnkey property is an investor's dream, combining functionality, location and profitability in one exceptional package. (id:47423)
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Detailed Information
Amenities Nearby
Public Transit
Listing Contract Date
2025-01-23
Location Description
Between Richmond & Clarence
Property Type
Retail
Transaction Type
For sale
Zoning Description
DA1
Building
Cooling Type
Fully air conditioned
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
4478 square feet
Type
Residential Commercial Mix
Utility Water
Municipal water
Land
Total Size
Bldg=18.5 x 132.5 Acre
Amenities
Public Transit
Sewer
Sanitary sewer
Size of Irregular Land
Bldg=18.5 x 132.5 Acre
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