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430 Richmond Street E
42.08.0011 London N6A 3C9

$1,499,000 /For Sale
Commercial

Main Photo: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 1: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 2: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 3: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 4: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 5: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 6: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 7: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 8: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 9: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 10: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 11: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Photo 12: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
Status:
Active
Prop. Type:
Commercial
MLS® Num:
X9347484
Bus Major:
Other
Incredible Opportunity to own this cash flow positive, full renovated, mixed use residential/commercial building along Richmond Street. Located just South of Queens Street, steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Ground floor consists of a open concept bachelor suite with 3 piece washroom. Main floor consists of 2000 SF of retail space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated; 1-2 bedroom and 1 open concept Bachelor unit 800 SF, with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dining, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units both with 3 piece bathrooms leased at $1600 and $1400 inclusive. Common area coin laundry for extra weekly income.
Queens and Dundas
Property Type:
Commercial
Commercial Type:
Commercial/Retail
Approx. Age:
100+
Depth:
97'7"
Frontage:
19'1"
Total Area:
6,000 sq. ft.
Office/Apt Area:
4,000 sq. ft.
Industrial Area:
0 sq. ft.
Retail Area:
2,000 sq. ft.
Bathrooms:
6.0
Zoning:
DA1
Heating type:
Gas Forced Air Open
Basement:
Full
Garage:
None
Possession Details:
Flexible
Lot Irregularities:
97.60 ft x 19.05 ft x 97.55 ft x 19.0
Taxes:
$16,423.71 / 2024
Assessment:
$- / -
Utilities:
Y
Water supply:
Municipal
Sewer:
Sanitary
Seller Property Info Statement:
No
Air Conditioning:
Y
Log/Bldg/Unit Code:
Building
Sprinkler system:
No
Type Taxes:
Annual
Category:
Multi-Use
Major Business Type:
Other
Freestanding:
No
Date Listed:
Sep 13, 2024
  • Photo 1: 430 Richmond Street E in London: 42.08.0011 Property for sale : MLS®# X9347484
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Listed by STREETCITY REALTY INC.
Data was last updated October 14, 2024 at 11:55 PM (UTC)
ZACHARY  TIMMERMAN