
London East, ON N5Z 1T9
Exceptional Investment Opportunity Near Downtown London! Discover one of the best investment properties just minutes from downtown London. This free-standing mixed-use building offers both residential and commercial spaces, making it an ideal opportunity for owner-operators, investors, or families looking to live and run their business in the same place. The residential unit features 3 spacious bedrooms and full washrooms as well as comfortable, well-designed living spaces.The commercial unit is currently operating as a 28-seat restaurant with LLBO, serving popular Hakka, Indian, and Nepalese cuisines. The commercial space has cozy kitchen with 10 ft hood, dishwashing station, walk-in cold room, standing fridge and storage. Whether you continue the existing successful concept or bring your own culinary vision, this versatile space offers endless potential. Basement has 2 rooms that can be used for storage. This us unique opportunity to own and operate your family business while living on-site rooms. Do you want to pay rent or lease? If you can pay mortgage and lease while living and operating business together with mortgage. This rare property combines location, functionality, and investment potential. A must-see for entrepreneurs, investors and first time buyers alike!
TRREB MLS® Attribution
MLS® X12613016
Listed by HOMELIFE/MIRACLE REALTY LTD
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
Est. Monthly Payment
$3,413
/month · $559,200 mortgage
Amortization
Total Interest
$464,793
Total Cost
$1,023,993
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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HOMELIFE/MIRACLE REALTY LTD