$5,100,000
Available - For Sale
Listing ID: X12407635
1288 Commissioners Road West , London South, N6K 1E1, Middlesex
| 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 a 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. Please contact the listing agent for showing details. |
| Price | $5,100,000 |
| Taxes: | $74414.00 |
| Tax Type: | Annual |
| Assessment Year: | 2025 |
| Occupancy: | Owner+T |
| Address: | 1288 Commissioners Road West , London South, N6K 1E1, Middlesex |
| Postal Code: | N6K 1E1 |
| Province/State: | Middlesex |
| Legal Description: | LT 81, COMPILED PLAN 563; LONDON/WESTMIN |
| Directions/Cross Streets: | Boler Road |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Use: | Retail Store Related |
| Building Percentage: | T |
| Total Area: | 19655.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 10100 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Area Influences: | Public Transit Recreation/Comm |
| Approximatly Age: | 31-50 |
| Business/Building Name: | 1288 Commissioners Rd W |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Employees #: | 6 |
| Management Expense: | 2700 |
| Water Expense: | $8926 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | No |
| Washrooms: | 0 |
| Outside Storage: | F |
| Rail: | A |
| Soil Test: | Yes |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | None |
| Water: | Water Sys |
| Water Supply Types: | Water System |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 FIRST CANADIAN CORP |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Middlesex |
| Municipality: | London South |
| Neighbourhood: | South B |
| Approximate Age: | 31-50 |
| Tax: | $74,414 |
| Fireplace: | N |
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