Find Property
| MLS®
#: |
451733 |
| Price: |
$575,000 |
| Status: |
Active |
|
| Major
Area: |
LN |
| District: |
E |
| Sub-Dist: |
L |
|
| Legal
Descr.: |
PL 323 LTS 5,6 |
| Address: |
547 549
HAMILTON RD |
| City: |
LONDON, N6C 1S5 |
| Sd/Rd: |
South |
| Near: |
EGERTON |
| Near
Town: |
N/A |
|
| Prop.
Size: |
100 X IRR AS
PER DEED |
| Acreage: |
|
|
| Zoning: |
AC4,5 |
| Taxes: |
$13548 (2009) |
|
|
| Internet
Remarks |
Excellent investment opportunity,
property comprises of 2 buildings. Building 1: Main floor commercial
apprx 7,900 sq ft (7,000 warehouse + 900 retail) formerly used as
bakery 35 years. 2nd floor 5 apts: 1-bach ($500), 2-1 beds ($600 +
$600), 2-2beds ($650+$650). Main floor rent $3,500 + portion of prop
taxes. Building#2: Main floor commercial 1500 sq ft set up as
laundromat (washers and dryers still on site and included in price, or
seller will remove). 2nd floor apts: 1-2bed ($650) 1-3 bed ($700) Main
flr rent $1,500 + portion of prop taxes. Additional rental from
Billboard signage ($10,000/year). All seperately metered hydro
(electric heat for apts). Seperate heating for main floor commercial
units. All rents are projected, property, chattels & equipment
being sold `As Is, Where Is`. Gross projected Income yearly $126,000.
Estimated expenses yearly $18,000. Being sold under power of Sale. |
| Directions |
|
|
| Type: |
Retail, Industrial,
Residential |
| Type
of Dwelling: |
Multi-Storey |
| Parking: |
Common/Shared, On Site |
| Sale/lease: |
Building & Land |
| Fire
Protection: |
Smoke Detector, Fire
Fight Equip |
|
| Office
Heat/Ac: |
Water Radiators |
| Ware/Indust
Heating: |
|
| Fuel: |
Gas |
| Elevators: |
None |
| Signage: |
Signband |
| Loading: |
At Grade |
|
| Water: |
Municipal |
| Sewer: |
Sewer |
| Amenities: |
Finished Offices,
Board Room, Showroom, Natural Light, Floor Drains, Window Air Cond |
| Incl.
in Add. Rent: |
Build Insurance,
Property Taxes, Signage |
|
| Parking
Spaces: |
15 |
| Volts: |
|
| Amps: |
|
| Clear
Height: |
|
|
| Age: |
OL* |
| Washrooms: |
10 |
| Handicap
Washrooms: |
|
| Equipment
Rental: |
Yes |
| : |
HWT |
|
| Lease
Type: |
Net |
| Lease
Exp.Date: |
|
| SPIS: |
No |
| Solicit
Seller: |
No |
| Special
Conditions: |
Y |
| Add.
Sale Info: |
|
|
| |
G Inc Ann. |
Net Income |
Retail Sqft. |
Office |
Ind. |
Whse |
# Res Units |
| Tot.Vacant |
126000 |
108000 |
2400 |
|
|
|
|
| Tot Leased |
|
|
900 |
|
|
7000 |
|
| Tot.Bldg |
7900 |
|
2400 |
|
|
7000 |
7 |
| Bldg. Dimen. |
|
Total SQ.FT. |
9400 |
|
|
| Listing
Office: |
REALTY
EXECUTIVES ELITE LTD., BROKERAGE, INDEPENDENTLY OWNED & OPERATED |
: |
|
|
 |
| Compliments
of: |
COSTA POULOPOULOS,
Broker of Record: 519-649-6900 |
| E-mail:
|
realtors@costamary.com |
| Company
Name: |
REALTY EXECUTIVES
ELITE LTD., BROKERAGE, INDEPENDENTLY OWNED & OPERATED: 519-649-6900 |
|
 |
|
|
| E. &
E.O |
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