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Active
1344 Hamilton RD London East, ON N5N 5W9
1,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 1,000 sqft
Subdivision East Q
MLS Listing ID X12899968
Annual Tax Amount $8,155
Tax Year 2025
Property Sub-Type Commercial Retail
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 neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking.
Location
Province ON
County Middlesex
Area Middlesex
Zoning CC SS1
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 128.5
Lot Depth 153.9
Building
Building Age 31-50
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.