1344 HAMILTON RD

London, ON, N5W 5W9
ANISH SRIVASTAVA, CENTURY 21 FIRST CANADIAN CORP

$999,999

Business Type: Business

Date Listed: Wed, May 09, 2018

Property Tax: $5,271 (2017)

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1344 HAMILTON RD

London, ON, N5W 5W9
ANISH SRIVASTAVA, CENTURY 21 FIRST CANADIAN CORP

$999,999

N/A sqft|Business

More to See

Property Description

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.

Details

Property Type: Commercial
Property Tax: $5,271 (2017)
Fees: na
Last Updated: Mon, June 18, 2018
Board: London and St. Thomas Association of REALTORS®
Business Type: Food Service & Beverages, Retail and Wholesale
Property Subtype: Building and Land
Sale Rent: For Sale
Title: Freehold

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