1344 HAMILTON ROAD, London East (East Q), Ontario, N5N5W9
MLS: X12899968 | Retail
$2,700,000
Property Description
Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking. (id:64974)
Quick Facts
- Property Type: Retail
- Bedrooms: None
- Bathrooms: None
- Living Area: 1,000 sq ft (92.9 m²)
- Lot Size: 0.5370 acres (0.22 ha)
- Frontage: 129 ft (39.2 m)
Costs
- Annual Taxes: $8,155.00
Listing Provided by: CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Fully air conditioned
Exterior & Construction
- Sewer: Septic System
- Water: Municipal water
Lot & Land
- Lot Size: 0.5370 acres (0.22 ha)
- Frontage: 129 ft (39.2 m)
- Features: Irregular lot size
- Zoning: CC SS1
Community & Neighbourhood
- Neighbourhood: East Q
Listing Information
Listing History
MLS listing activity for 1344 HAMILTON ROAD, London East (East Q), Ontario, N5N5W9 — dates reflect when changes were recorded in the DDF
🚗 Travel times
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Mortgage & Cost Calculators
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1344 HAMILTON ROAD, London East (East Q), Ontario, N5N5W9