1344 HAMILTON RD, London, ON, N5N 5W9Listing ID# 604049
Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighbourhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking.
Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE, INDEPENDENTLY OWNED AND OPERATED
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