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$5,595,000
Status: OFF MARKET
AMAZING OPPORTUNITY IN REVITALIZED DOWNTOWN SOHO LONDON. STRONG NET CASHFLOW SECURED BY 100% OCCUPANCY. GROSS INCOME $300,000+ (WITH BUILT - IN FUTURE ESCALATIONS), CAP RATE MORE THAN 4%. MIXED USE COMMERCIAL PLAZA WITH EIGHT ( 8 ) SEPARATE UNITS, AMPLE ON - SITE PARKING, CORNER LOCATION. 15,000+ SQUARE FEET. CLASSIC VICTORIAN BUILDING IS COMPLETELY MODERNIZED. INCLUDES STUNNING DESIGNER LOFT APARTMENT. ON MAIN HIGH - PROFILE ARTERIAL ROAD. WALKING DISTANCE TO DOWNTOWN, TRAIN & BUS STATIONS ON PUBLIC TRANSPORTATION ROUTE. MANY POTENTIAL USES UNDER CURRENT ZONING.
| Property Type | :Commercial |
|---|---|
| MLS Number | :X7400136 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :06 Apr, 2024 (229 Days ago) |
| Source | :TRREB |
| Area | :Middlesex |
|---|---|
| Postal Code | :
N6B 1L6
|
| Price | : $5,595,000 |
|---|---|
| Property Taxes | :$12222.38 |
| Tax Year | :2023 |
|---|
| Cross Street | :Waterloo And Burton |
|---|
15 Jan, 2024
TREB #X7400136
Available
$5595000.0
