430 Richmond Street E, London, Ontario N6A 3C9 (27409770) – Ravi Bedi


LOADING

430 Richmond Street E London, Ontario N6A 3C9

6 Bathroom 6000 sqft
Fully Air Conditioned Other

$1,499,000

Incredible Opportunity to own this cash flow positive, full renovated, mixed use residential/commercial building along Richmond Street. Located just South of Queens Street, steps away from new downtown bus loop. Walking distance to Covent Garden Market, Budweiser Gardens and Fanshawe Downtown Campus. Ground floor consists of a open concept bachelor suite with 3 piece washroom. Main floor consists of 2000 SF of retail space with separate 2 piece washroom and staff/office area, currently leased to marijuana dispensary. Second floor has 2 apartments completely renovated; 1-2 bedroom and 1 open concept Bachelor unit 800 SF, with 4 piece bathroom leased for $1600 inclusive. Spacious 1200 SF 2 bedroom with 3 piece bathroom, living, dining, kitchen leased for $2000 inclusive. The third floor consists of 2 open concept bachelor units both with 3 piece bathrooms leased at $1600 and $1400 inclusive. Common area coin laundry for extra weekly income. **** EXTRAS **** Approved fire plan in place. Rental License with City of London. Fully compliant. (id:50617)

Property Details

MLS® Number X9347484
Property Type Retail
Community Name East K
FarmType Other

Building

BathroomTotal 6
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeExterior 6000 Sqft
SizeInterior 6000 Sqft
UtilityWater Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 97 Ft ,6 In
SizeFrontage 19 Ft
SizeIrregular Bldg=19.05 X 97.55 Ft ; 97.60 Ft X 19.05 Ft X 97.55 Ft X 19.0
SizeTotalText Bldg=19.05 X 97.55 Ft ; 97.60 Ft X 19.05 Ft X 97.55 Ft X 19.0
ZoningDescription Da1

https://www.realtor.ca/real-estate/27409770/430-richmond-street-e-london-east-k

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