1288 Commissioners Road W, London South, ON N6K 1E1

London South N6K 1E1 Ontario

MLS: X12407635

$5,100,000

Added 2 hours ago | For Sale

Listed by: CENTURY 21 FIRST CANADIAN CORP

About Property

Prime Investment Opportunity in the Heart of London's Bustling Commercial District in Byron. Discover a lucrative investment opportunity in a strategically located multiplex building, boasting 15,915 sq. ft. of rentable space on approximately 0.5 acres of prime land. Situated on a vibrant and high-traffic street in London, this property offers a diverse mix of tenants, including commercial retail, offices, and six modern residential apartments. With over 400k invested in renovating and upgrading all residential units, hallways, staircases, and roofs in 2019,and new balcony in front of the building, we are ensuring a contemporary and well-maintained property. A diversified tenant mix provides a steady income stream, while the professionally managed property ensures operational efficiency and peace of mind for investors. Comprehensive lease agreements and property information are available upon signing a confidentiality agreement, offering transparency and insight into the property's financial performance

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 119.31 X 173.66
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Boler Road
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $74414
  • Bedrooms:
  • Total Parking Spaces:34
  • Parking Places:34
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12407635

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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