344.5 Richmond St

London,

MLS®: X5404978

5 bath 3560.00 sqft

$999,800

3 months ago

Viewed 1 times

For Sale

Description

Excellent Opportunity To Own A 100% Leased Retail/Multi Unit Building In The Heart Of Vibrant Growing Downtown London. All 4 Apartments Have Been Extensively Renovated And A New Retail Tenant With A Multi Year Lease. Hassle Free Investment With An On-Call Handy Man Nearby. Net Income Of 53K. Full Additional Basement For Retail Storage And Upgraded Mechanical/Electrical Systems W/Tenants Pay Electrical Heat.Via Rail Station.

Extra

4 Fridges/Stoves.Hot Water Tanks (R), Retail Gas Furnace,A/C, Washer/Dryer,Video Security, Wifi,Newer Roof. Major Developments In The Area And About 15 Minutes To Western. Hands-Free Investment W/Super On Site! Take Advantage Low % Rates!

Key Facts

  • Taxes: $6100
  • MLS#: X5404978
  • Price: $999,800
  • Status: Sale
  • Type: Investment
  • Style: n/a
  • Size: 3560.00
  • Updated: 2021-10-17 19:35:13.0
  • Year Built: n/a

Property

  • Type: Investment

Commercial General

  • Depth: 97.00
  • Lot Front: 20.00
  • List Price Code: For Sale
  • Lot/Bldg/Unit Code: Lot
  • Lot Size Code: Feet
  • Air Conditioning: Part
  • Garage: None
  • Heating: Baseboard
  • Parking Places: 3
  • Seller Property Info Statement: N
  • Zoning: Da1
  • Type: U.
  • Taxes: $6100
  • Tax Year: 2020
  • Freestanding: Y
  • Office/Apt Area: 2400
  • Office/Apt Area Code: Sq Ft
  • Category: Retail
  • Retail Area: 1160
  • Retail Area Code: Sq Ft
  • Sprinklers: N
  • Total Area: 3560.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: A
  • Orig lp cd: For Sale

Price History

Updated Price Event
$999,800 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 17 Oct, 2021. Days On Market: 102 Days

Listing By: RIGHT AT HOME REALTY INC., BROKERAGE Information Updated: 2021-10-17 19:35:13.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

208-5 Brisdale Dr,
Brampton, ON, L7A 0S9
+1-905-783-5700