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$ 1,000,001

1344 Hamilton Road, London, ON, N5N 5W9

Listing ID# 103221
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$ 1,000,001

  • 1344 Hamilton Road
    Hamilton Road, London, ON N5N 5W9
  • Listing ID 103221
  • Building Type: Commercial
  • Stories: 1.00
  • Status: For Sale/Active
  • Days on Market: 73
  • Tax Year: 2017
  • Parking Spaces: 15
  • Drive: Outside/Surface/Open
  • Garage: 0.0
  • Heating: Forced Air-Gas
  • Rooms: 0
  • Exterior: Concrete Block
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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.



Listing courtesy of CENTURY 21 FIRST CANADIAN CORP


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