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$899,900
Available - For Sale
Listing ID: X12137636
MIXED USE OPPORTUNITY! You're a smart business owner: you know that having your business on a high-visibility corridor with a traffic count of 33,000 car per day makes sense. You recognize the value in owning a mixed-use property with OC4 AND R3 ZONING, a professional office already set up with 2 large and private office/treatment rooms (each with their own private entrances as well as being accessible from the reception area), a separate reception area as well as 2 additional treatment rooms or offices on the main floor. The upper floors contain 2 RESIDENTIAL APARTMENTS with their own private entrances and this added income reduces your operating costs allowing you to focus on what you do best: running your business. Built in 1910 and nicely updated over the years, this building encompasses a total floor area of 3,089 sq. ft. , including 1,081 sq. ft of interior office space on the main floor. The building sits on a 0.19-acre lot measuring 50' x 161.75' and features parking for approximately 10 vehicles. Main Floor Features: four professional offices, one of which can be separated into a self-contained practice w/its own entrance and washroom; a welcoming reception area and waiting room; accessible washroom and storage room. Upper Floors: on the second floor a recently renovated (2022) one-bedroom, one-bath residential unit with private balcony; and on the second/third floors another one-bedroom, one-bath unit. Additional Highlights: signage allowed with municipal permit; updated HVAC, plumbing, and electrical systems (2012); exterior updates including triple-pane windows, shingles, eaves, and downspouts (2012), and decking (2014); Forced air gas furnace and central air. This property presents a solid redevelopment, owner-occupied, or investment potential. Ideal for professionals seeking office space with supplementary residential income or those looking to reposition a well-located property in a growing urban market. Full investment package available upon request.
Price $899,900
Taxes: $18,542
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Owner+T
Address: 519 Oxford Stre East , London East, N5Y 3H8, Middlesex
Postal Code: N5Y 3H8
Province/State: Middlesex
Directions/Cross Streets: Oxford and Adelaide
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Office
Use: Professional Office
Building Percentage: T
Total Area: 3,089
Total Area Code:  Square Feet
Office/Appartment Area: 2997
Office/Appartment Area Code: Sq Ft
Area Influences: Public Transit  
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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SUTTON GROUP - SELECT REALTY

519 Oxford Stre East , London East, N5Y 3H8, Middlesex


 
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Type: Com - Office
Area: Middlesex
Municipality: London East
Neighbourhood: East F
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Lot Size: x 161.75(Feet)
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Tax: $18,542
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
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