London, ON N6A1M7,206 CENTRAL AVENUE
London, ON N6A1M7,206 CENTRAL AVENUE
London, ON N6A1M7,206 CENTRAL AVENUE
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$2,199,000
Est. payment /mo
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4,400 SqFt
Active

206 CENTRAL AVENUE London, ON N6A1M7

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $499

Subdivision East F

MLS® Listing ID X9049763

Originating Board London and St. Thomas Association of REALTORS®

Property Description

FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL. HIGH END LUXURY FINISHES. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174.000 A YEAR. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS. CERAMIC, QUARTZ COUNTERTOPS. 5 APPLIANCES. 2-4 BEDROOM UNITS HAVE 2 FULL BATHS, 1-2 BEDROOM AND A 1-1 BEDROOM APT. CONTROLLED ENTRY. **** EXTRAS **** Assumable 1st Nat. bal. $1,169,403.81 @ ded.31,2023 @ 5.35% payments P&I Due Nov 1,2025 with $500,000 down seller will hold 2nd @ 2% (id:24570)

Location

Province ON

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 9

Private Pool No

Building

Sewer Sanitary sewer


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Listed by SUTTON GROUP - SELECT REALTY

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Peter Twolan

Broker | License ID: 4779593

+1(613) 668-8422

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206 CENTRAL AVENUE