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496 Adelaide ST N London East, ON N6B 3J2
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision East G
MLS Listing ID X12576284
Annual Tax Amount $9,704
Tax Year 2025
Property Sub-Type Investment
Lot Depth 150.0
Lot Front 50.0
Property Description
This mixed-use commercial / residential building on Adelaide Street North offers an excellent opportunity for investors or owner-occupiers. The property boasts excellent exposure and includes two commercial units and two residential units ( 1 bedroom and 2 bedrooms), along with nine on-site parking spaced. One of the commercial units is currently owner-occupied, with a flexible arrangement allowing the current owner to either lease back the space of vacate. A significant advantage for an owner-occupier is the vacant two-bedroom apartment. This allows a new owner to live on-site and operate their business while generating income from the other two leased units. Detailed rent roll and operating expenses are available upon request.
Location
Province ON
County Middlesex
Community East G
Area Middlesex
Zoning AC4
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 50.0
Lot Depth 150.0
Others
Security Features No
ParcelsYN No
Listed by CBRE LIMITED
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