Costa and Mary Realtors Costa and Mary Realtors Costa and Mary Realtors Costa and Mary Realtors Costa and Mary Realtors Costa and Mary Realtors Costa and Mary Realtors Costa and Mary Realtors
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547 549 HAMILTON RD
London, Ontario

 
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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)
Possession: 30 DAYS
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
Improvements:
Listing Office: REALTY EXECUTIVES ELITE LTD., BROKERAGE, INDEPENDENTLY OWNED & OPERATED :
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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
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E. & E.O

 

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E-mail: realtors@costamary.com
Web site: www.costamary.com
© Costa Poulopoulos, Mary Johnson 2002 - 2009

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Costa and Mary Costa Poulopoulos - Broker of Record / Owner
Mary Johnson - Sales Rerson / Owner
Tel: (519) 649 - 6900
Fax: (519) 649 - 6933
Realty Executives Elite Ltd., Brokerage,
Independently Owned and Operated.
515 Wellington Rd. S. Unit #7
London, Ontario N6C 4R3

Realty Executives International
 

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