206 Central Avenue London, Ontario N6A 1M7
$2,295,000
FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT ON MAIN LEVEL IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL, HIGH END LUXURY FINISHES. ASSUMABLE MORTGAGE OF APPROX. $1,196,992 @5.35% UNTIL NOVEMBER 1, 2025. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK AND SIDE. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174,000. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS, CERAMIC, QUARTZ COUNTERTOPS, ALND STAINLESS STEEL APPLIANCES. 4 BEDROOM UNITS HAVE 2 FULLS BATHS. CONTROLLED ENTRY. RENTAL INFORMATION DOCUMENTS. SELLER LOOKING TO RETIRE POSSIBLE VTB AVAILABLE. BURRITO BOYS LEASE IS WITH CORPORATES HEAD OFFICE. (id:51356)
Property Details
| MLS® Number | 40475933 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Public Transit, Shopping |
| Community Features | High Traffic Area |
| Features | Paved Driveway |
| Parking Space Total | 9 |
Building
| Bathroom Total | 7 |
| Bedrooms Total | 11 |
| Basement Development | Unfinished |
| Basement Type | Partial (unfinished) |
| Cooling Type | Central Air Conditioning |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric, Geo Thermal |
| Heating Type | Baseboard Heaters, Forced Air |
| Stories Total | 3 |
| Size Interior | 3506 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| Size Depth | 111 Ft |
| Size Frontage | 45 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | Bdc |
https://www.realtor.ca/real-estate/25998046/206-central-avenue-london
Interested?
Contact us for more information
Edward J P Milani
Salesperson
250 Wharncliffe Road North
London, Ontario N6H 2B8
(519) 433-4331
(519) 433-6894
www.suttonselect.com
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
September 15 2023 07:41:29
London and St. Thomas Association of REALTORS®
Sutton Group - Select Realty Inc., Brokerage
