This site uses cookies.

The types of cookies we use, and the way we use them, are explained in our Privacy Policy. By clicking "Accept" or continuing to use our site, you agree to our use of Cookies.
More information

272 Queen St. E., Brampton, Ontario L6V 1B9

Phone: 905-454-1100  Toll: 1-877-306-4776

344 1/2 Richmond St

London, Ontario
For Sale
MLS© ID: X4330230
5 Bath(s)

Complete the following form to request a showing of this property.

Excellent Opportunity To Own A 100% Leased Retail/Multi Unit Building In The Heart Of London Downtown. Close To 7% Cap Rate.All 4 Apartments Have Been Extensively Renovated And The Retail Tenant Is On A Fresh Lease After Being At Same Location For Over 10 Years. Hassle Free Investment With An On-Call Handy Man Nearby. Net Income Of Over 46K. Full Additional Basement For Retail Storage. Upgraded Mechanical Systems & Electrical.Minutes To Via Rail Station.

Extras: 4 Sets Of Appliances In Residential Units, Hot Water Tanks (R), Retail Gas Furnace With A/C, Coin Washer/Dryer, Video Security, Wifi, Newer Roof. Major Developments In The Area And About 15 Minutes To Western University.Hands-Free Investment.

Property Features

  • Directions/Cross Streets: Richmond And King
  • Lot Size Code: Feet
  • Taxes: 5521.00
  • Tax Year: 2018
  • Property #: X4330230
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: London
  • Lot Depth: 97.00
  • Lot Front: 20.00
  • Type: Commercial/Retail
  • Parking Spaces Total: 3
  • Category: Retail
  • Freestanding: Y
  • Lot/Bldg/Unit Code: Lot
  • Office/Apt Area: 2400
  • Office/Apt Area Code: Sq Ft
  • Retail Area: 1160
  • Retail Area Code: Sq Ft
  • Sprinklers: N
  • Total Area: 3560.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: A
  • Air Conditioning: Part
  • Heat Type: Baseboard
  • Water: Municipal
Powered by Lone Wolf Real Estate Technologies (CMS6)