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$1,890,000
Available - For Sale
Listing ID: X12414039
Rare opportunity to acquire a solid masonry three story mixed use office residential building built in 1987 across from Victoria Park. Building consists of three commercial units and three residential units. Total square footage of 6,691. Current net operating income of $121,775.00 offering a 6.4% cap rate. Very suitable for owner occupied and an excellent investment opportunity. Onsite parking for 16 vehicles. Building in top condition with high end finishes. Many recent improvements-three residential units added around 10 years ago, 2nd floor HVAC units new in 2016, and Apt#3 in 2018, new HVAC for suite 1 in August 2022 and new HVAC for Apt. 1 in July 2022. Copy of rent roll, a recently completed Phase One ESA, floor plans and Fire Inspection Letter available upon request.
Price $1,890,000
Taxes: $27,903
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 295 Wolfe Stre , London East, N6B 2C4, Middlesex
Postal Code: N6B 2C4
Province/State: Middlesex
Directions/Cross Streets: Wellington Street
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: F
Total Area: 6,691
Total Area Code:  Square Feet
Office/Appartment Area: 4691
Office/Appartment Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX CENTRE CITY REALTY INC.

295 Wolfe Stre , London East, N6B 2C4, Middlesex


 
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At a Glance:
Type: Com - Office
Area: Middlesex
Municipality: London East
Neighbourhood: East F
Style:
Lot Size: x 157.00(Feet)
Approximate Age:
Tax: $27,903
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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