206 Central Avenue London, Ontario N6A 1M7
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$2,199,000
FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL. HIGH END LUXURY FINISHES. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174.000 A YEAR. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS. CERAMIC, QUARTZ COUNTERTOPS. 5 APPLIANCES. 2-4 BEDROOM UNITS HAVE 2 FULL BATHS, 1-2 BEDROOM AND A 1-1 BEDROOM APT. CONTROLLED ENTRY. **** EXTRAS **** Assumable 1st Nat. bal. $1,169,403.81 @ ded.31,2023 @ 5.35% payments P&I Due Nov 1,2025 with $500,000 down seller will hold 2nd @ 2% (id:58072)
Property Details
| MLS® Number | X9049763 |
| Property Type | Retail |
| Community Name | East F |
| ParkingSpaceTotal | 9 |
Building
| Appliances | Dishwasher, Dryer, Refrigerator, Stove, Washer |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 4400 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 111 Ft |
| SizeFrontage | 45 Ft |
| SizeIrregular | 45.08 X 111.14 Ft |
| SizeTotalText | 45.08 X 111.14 Ft |
| ZoningDescription | Bdc |
https://www.realtor.ca/real-estate/27201386/206-central-avenue-london-east-f
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August 02 2024 07:21:48
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty Inc., Brokerage