273 Thompson Road
London South, ON N5Z 2Z3
About This Property
Excellent opportunity to own a Multiple use commercial unit currently being used as a boarding house with CC1 and R11 zoning permitting convenience store, office, dental, professional, Personal or convenience service, Bank or other financial Institution, combined use of residential cum commercial also possible. Turnkey investment opportunity producing exceptional income. Presently well maintained by Professional property management company- Licenced 9 bedroom lodging house with 7 one-bedroom units with 7 bathrooms and a shared kitchen and 1 two-bedroom unit with its own kitchen, bathroom and living room. Currently fully leased. Roof 2021, HVAC 2019, wiring 2019, plumbing 2019, coin operated laundry 2020. Large lot with possibility to split add ARU. Reliable Cash Surplus investment.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12783292
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,902
/month · $639,200 mortgage
Amortization
Total Interest
$531,287
Total Cost
$1,170,487
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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CENTURY 21 PEOPLE`S CHOICE REALTY INC.