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% |
Price | $2,199,000 |
Taxes: | $36728.00 |
Tax Type: | Annual |
Occupancy by: | Tenant |
Address: | 206 Central Ave , London, N6A 1M7, Ontario |
Postal Code: | N6A 1M7 |
Province/State: | Ontario |
Legal Description: | PART OF LOTS 1&2 PLAN 167 (W) 33R-5397 |
Lot Size: | 45.08 x 111.14 (Feet) |
Directions/Cross Streets: | RICHMOND |
Category: | Multi-Use |
Use: | Hospitality/Food Related |
Building Percentage: | Y |
Total Area: | 4400.00 |
Total Area Code: | Sq Ft |
Office/Appartment Area: | 3000 |
Office/Appartment Area Code: | Sq Ft |
Retail Area: | 1400 |
Retail Area Code: | Sq Ft |
Approximatly Age: | 51-99 |
Expenses Actual/Estimated: | $Act |
Sprinklers: | Y |
Heat Type: | Gas Forced Air Open |
Central Air Conditioning: | Y |
Sewers: | Sanitary |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SUTTON GROUP - SELECT REALTY |
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Book Showing | Email a Friend |
Type: | Com - Commercial/Retail |
Area: | Middlesex |
Municipality: | London |
Neighbourhood: | East F |
Lot Size: | 45.08 x 111.14(Feet) |
Approximate Age: | 51-99 |
Tax: | $36,728 |