206 CENTRAL AVENUE Active

London,ON N6A1M7

$ 2199000

- Bed

- Bath

4400 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $499

Subdivision East F

MLS Listing ID X9049763

Originating Board London and St. Thomas Association of REALTORS®

Property Description

FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL. HIGH END LUXURY FINISHES. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174.000 A YEAR. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS. CERAMIC, QUARTZ COUNTERTOPS. 5 APPLIANCES. 2-4 BEDROOM UNITS HAVE 2 FULL BATHS, 1-2 BEDROOM AND A 1-1 BEDROOM APT. CONTROLLED ENTRY. **** EXTRAS **** Assumable 1st Nat. bal. $1,169,403.81 @ ded.31,2023 @ 5.35% payments P&I Due Nov 1,2025 with $500,000 down seller will hold 2nd @ 2% (id:24570)

Location

Province ON

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 9

Private Pool No

Building

Sewer Sanitary sewer

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