2,426 sqft
Fully Air Conditioned
Forced Air
$425,000
Excellent mixed-use investment opportunity in a high-traffic location near Hamilton Road, with convenient access to downtown and Highway 401. The main floor commercial space is occupied by a long-term tenant of over 5 years, currently on a month-to-month basis. The vacant upper residential apartment features 2 bedrooms, 1 bathroom, a kitchen, living room, and a separate entrance from the main floor. Recent updates include an owned hot water heater in 2024 and a new air-conditioning unit in 2025. Zoning permits a broad range of commercial and residential uses, including retail, personal services, offices, and restaurants. With approximately 2,400 sq. ft. of total above-ground space and projected monthly income potential of over $4,500, this property offers strong income and value-add potential. The upper apartment may require renovations. Property is being sold in "as is, where is" condition with no warranties or representations. (id:50787)
Property Details
|
MLS® Number
|
X13226948 |
|
Property Type
|
Retail |
|
Community Name
|
East L |
|
Amenities Near By
|
Public Transit |
Building
|
Age
|
51 To 99 Years |
|
Cooling Type
|
Fully Air Conditioned |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Size Interior
|
2,426 Sqft |
|
Type
|
Residential Commercial Mix |
|
Utility Water
|
Municipal Water |
Land
|
Acreage
|
No |
|
Land Amenities
|
Public Transit |
|
Size Depth
|
69 Ft ,10 In |
|
Size Frontage
|
32 Ft ,8 In |
|
Size Irregular
|
32.67 X 69.9 Ft |
|
Size Total Text
|
32.67 X 69.9 Ft |
|
Zoning Description
|
Ac4x Ac |
https://www.realtor.ca/real-estate/29839119/413-hamilton-road-london-east-east-l-east-l