273 THOMPSON ROAD, London South (South L), Ontario, N5Z2Z3

Property Description

Excellent opportunity to own a Multiple use commercial unit currently being used as a boarding house with CC1 and R11 zoning permitting convenience store, office, dental, professional, Personal or convenience service, Bank or other financial Institution, combined use of residential cum commercial also possible. Turnkey investment opportunity producing exceptional income. Presently well maintained by Professional property management company- Licenced 9 bedroom lodging house with 7 one-bedroom units with 7 bathrooms and a shared kitchen and 1 two-bedroom unit with its own kitchen, bathroom and living room. Currently fully leased. Roof 2021, HVAC 2019, wiring 2019, plumbing 2019, coin operated laundry 2020. Large lot with possibility to split add ARU. Reliable Cash Surplus investment. (id:64974)

Quick Facts

• Property Type: Retail
• Bedrooms: None
• Bathrooms: 8
• Living Area: 6,092 sq ft (566.0 m²)
• Parking: 10 spaces
• Frontage: 40 ft (12.2 m)

Costs

• Annual Taxes: $5,767.00

Listing Provided by: CENTURY 21 PEOPLE'S CHOICE REALTY INC.
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.