Welcome to an unparalleled investment opportunity in the heart of the City of London! This licensed three-unit residential haven, coupled with a prime main floor commercial space and a lucrative basement commercial unit, stands as a beacon for savvy investors seeking a slice of urban prosperity. Strategically positioned on the prestigious ""My Dundas Place"" design stretch, this mixed-use building promises both immediate and long-term returns. The residential units, a trio of thoughtfully furnished spaces, offer an enticing prospect for tenants, ensuring swift occupancy. The property boasts a host of upgrades, including a newer furnace for the commercial unit, modern mini-splits in units 2 and 3, a partial roof replacement, comprehensive video surveillance system wired throughout, electronic door locks for each unit, and a pre-secured rental license all meticulously designed to elevate this property into an investor's dream. **** EXTRAS **** With careful attention to detail and a commitment to maximizing returns, this mixed-use gem presents an extraordinary chance to capitalize on the thriving urban landscape. Don't miss out on this rare opportunity. (id:47421)
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Detailed Information
Lot
18.42 x 0 ft
Amenities Nearby
Public Transit
Farm Type
Other
Listing Contract Date
2024-01-26
Location Description
Between Richmond & Clarence
Property Type
Business
Transaction Type
For sale
Zoning Description
DA1
Building
Heating Fuel
Natural gas
Heating Type
Forced air
Size (Exterior)
6481 square feet
Utility Water
Municipal water
Land
Total Size
Bldg=18.5 x 132.5 Acre
Amenities
Public Transit
Sewer
Septic System
Size of Irregular Land
Bldg=18.5 x 132.5 Acre
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