239 Hamilton Road London, Ontario N5Z 1P9
$519,900
Location, Location, Location! This established Mixed-Use Building offers a multitude of possibilities for the astute investor. Located in a high traffic area for businesses, this property is ready for your vision to become reality! The Residential Units will be vacant upon possession providing the opportunity to set Market Rents. The Main Floor features the large Commercial Space, currently hosting a crafting business (also for sale, MLS# X8410964), yet with some renovations , the back of the current Commercial Space could be converted back into a Residential Unit as well. The Second Floor holds two Residential Units - one 2 bedroom, and one 1 bedroom; both Second Floor Units will be vacant, meaning Market Rent can be established! There is also a separate building at the back of the property that has been used as a 1 bedroom Residential unit. This property presents an excellent opportunity for both new and experienced investors, with zoning that allows for a multitude of possibilities for this space. Projected Income: $5900-7300/month - wow! Don't miss this opportunity - book a showing today! (35409977) (id:51356)
Property Details
| MLS® Number | X11937214 |
| Property Type | Retail |
| Community Name | East L |
| Amenities Near By | Place Of Worship, Public Transit, Schools |
| Features | Irregular Lot Size, Flat Site |
| Structure | Patio(s) |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Appliances | Water Heater, Refrigerator, Two Stoves, Window Air Conditioner |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Stucco, Brick |
| Fire Protection | Smoke Detectors |
| Foundation Type | Block |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | Residential Commercial Mix |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Place Of Worship, Public Transit, Schools |
| Size Depth | 81 Ft |
| Size Frontage | 49 Ft ,6 In |
| Size Irregular | 49.56 X 81.08 Ft |
| Size Total Text | 49.56 X 81.08 Ft|under 1/2 Acre |
| Zoning Description | Bdc(35)*h13 |
https://www.realtor.ca/real-estate/27834157/239-hamilton-road-london-east-l
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January 23 2025 08:53:47
London and St. Thomas Association of REALTORS®
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