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Deepak Sharma

Broker
Remax Royal Properties Realty Brokerage, Brokerage Independently owned and operated. 7595 Markham Rd #19 , Markham, Ontario L3S0B6 Cell: 647-229-0670Office: 905-554-0101

$549,900
Available - For Sale
Listing ID: X8409660
239 Hamilton Rd , London, N5Z 1P9, Ontario


Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today!
Price $549,900
Taxes: $4628.61
Tax Type: Annual
Assessment Year: 2023
Occupancy by: Own+Ten
Address: 239 Hamilton Rd , London, N5Z 1P9, Ontario
Postal Code: N5Z 1P9
Province/State: Ontario
Legal Description: PT LT 40 PLAN 110(3RD) AS IN 865584 LOND
Lot Size: 49.56 x 81.08 (Feet)
Directions/Cross Streets: Hamilton Road at Dreaney Avenue
Category: Store With Apt/Office
Building Percentage: Y
Total Area: 3862.00
Total Area Code:  Sq Ft
Office/Appartment Area: 1489
Office/Appartment Area Code: Sq Ft
Retail Area: 2373
Retail Area Code: Sq Ft
Business/Building Name: Stamp Art
Days Open: 6
Hours Open: 10-4
LLBO: N
Sprinklers: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Water: Municipal
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS LIFESTYLES
Personal Picture
Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
 
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At a Glance:
Type: Com - Store W/Apt/Office
Area: Middlesex
Municipality: London
Neighbourhood: East L
Style:
Lot Size: 49.56 x 81.08(Feet)
Approximate Age:
Tax: $4,628.61
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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