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$4,595,000
Available - For Sale
Listing ID: X10442624
Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate >4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries.Great visibility onthe main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potentialuses underr current zoning. Book a viewing appointment today! Vendor VTB mortgage.
Extras:   Please allow 24 hours minimum notice for showings. Owners would consideroffering a VTB first mortgage. Listing agent is related to one of the owners.
Price $4,595,000
Taxes: $33,887.33
Tax Type: Annual
Occupancy by: Tenant
Address: 345 HORTON St East , London, N6B 1L6, Ontario
Postal Code: N6B 1L6
Province/State: Ontario
Legal Description: PT LTS 6 & 7 , S/E HORTON STREET , PT 1,
Lot Size: 141.5 x 165.5 (Feet)
Directions/Cross Streets: Waterloo and Horton
Zoning: R8-4 AC4
Category: Retail
Use: Retail Store Related
Building Percentage: Y
Total Area: 8,352
Total Area Code:  Sq Ft
Retail Area: 8352
Retail Area Code: Sq Ft
Area Influences: Public Transit  
Financial Statement: N
Chattels: N
Franchise: N
Days Open: V
Seats: 0
LLBO: N
Sprinklers: N
Rail: N
Crane: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Down payment: $  
Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
STREETCITY REALTY INC.

345 HORTON St East , London, N6B 1L6, Ontario


 
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At a Glance:
Type: Com - Commercial/Retail
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style:
Lot Size: 141.50 x 165.50(Feet)
Approximate Age:
Tax: $33,887.33
Maintenance Fee: $0
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Garage: 0
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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