To view this notification widget you need to have JavaScript enabled. This notification widget was easily created with NotifySnack.

Listing details For 398 Richmond St Show navigationShow navigation

398 Richmond St (Dundas/Richmond St.)

  • Price: $759,000 
  • Status: Commercial for Sale  
  • MLS#: X4079266
  • $759,000 Calculator
  • Tax: $7,892.33/Annual (2017)
  •  
    • City: London
  • 4 Baths
  • Investment Type
  •  3230 SqFt
  • Y Basement
  • Convenience/Variety Style
  • HeatingGas Forced Air Closd
  • Sewer/Water SystemsMunicipal
Listing Contracted With: HOMELIFE/BAYVIEW REALTY INC., BROKERAGE

Description

3 Storey Building Of Student Rental Apartment And A Retail Unit In Downtown London. Walking Distance To London International Academy (Lots Of Chinese Student) And Fanshawe College Digital Center. Fanshawe Will Open A New Building For Addtional Thousands Of Student. 3Br Each In 2nd And 3rd Floor (Total 6Br) And A Convenience Store In The Ground Floor. 2nd Floor Rental Income Is $1,700/Month, 3rd Floor For Owner Living Now.

Highlights

Potential Gross Rental Income Is About $76,000 Annually. Roof Done In May 2013. A/C, Furnace And Hwt In 2006, Store Floor Redone In 2008. Owner Is Running The Business Now And Food Service Is Approved. It Is Under Preparation.

Agent Photo

Larry Li

Sales Representative


Monthly Payment Estimator

$

% ($50,000 down)


Mortgage Amount: $

$


% Rates Vary


Est. Monthly Payment: $

Close

Agent Photo

Larry Li

Sales Representative

Royal LePage Signature Realty Inc., Brokerage
30 Eglinton Avenue West, Suite 201 Mississauga, Ontario, Canada L5R 3E7

Close