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206 Central Avenue

London, ON N6A 1M7
  • $2,295,000
  • STATUS: Active
  • ON SITE: 29 Days
  • MLS #: 40475950
UPDATED: 31 min ago
$2,295,000
  • 11
    BEDS
  • < 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,506
    SQFT
Neighbourhood:
East F
Type:
Commercial
County:
Middlesex
Area:
East

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Description

FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT ON MAIN LEVEL IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL, HIGH END LUXURY FINISHES. ASSUMABLE MORTGAGE OF APPROX. $1,196,992 @5.35% UNTIL NOVEMBER 1, 2025. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK AND SIDE. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174,000. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS, CERAMIC, QUARTZ COUNTERTOPS, ALND STAINLESS STEEL APPLIANCES. 4 BEDROOM UNITS HAVE 2 FULLS BATHS. CONTROLLED ENTRY. RENTAL INFORMATION DOCUMENTS. SELLER LOOKING TO RETIRE POSSIBLE VTB AVAILABLE. BURRITO BOYS LEASE IS WITH CORPORATES HEAD OFFICE.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T16:23:36.027.
www.manarealty.ca/homes/142938248
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206 Central Avenue London, ON N6A 1M7

  • Price: $2,295,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 31 min ago
  • MLS #: 40475950
11
Beds
0
Baths
0
½ Baths
< 0.5
Acres
3,506
SQFT
$655
$/SQFT
Neighbourhood:
East F
County:
Middlesex
Area:
East
Property Description
FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT ON MAIN LEVEL IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL, HIGH END LUXURY FINISHES. ASSUMABLE MORTGAGE OF APPROX. $1,196,992 @5.35% UNTIL NOVEMBER 1, 2025. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK AND SIDE. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174,000. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS, CERAMIC, QUARTZ COUNTERTOPS, ALND STAINLESS STEEL APPLIANCES. 4 BEDROOM UNITS HAVE 2 FULLS BATHS. CONTROLLED ENTRY. RENTAL INFORMATION DOCUMENTS. SELLER LOOKING TO RETIRE POSSIBLE VTB AVAILABLE. BURRITO BOYS LEASE IS WITH CORPORATES HEAD OFFICE.
Exterior Features

Acres Range < 0.5 Attached Garage YN No Carport YN No Commercial Doors Count 0 Construction Materials Stucco Crops Included YN No Docking YN No Foundation Details Poured Concrete Frontage Length 45.08 Garage YN No Lot Features RectangularBusiness CentreCity LotHigh Traffic AreaHospitalPublic Transit Open Parking Spaces 9 Open Parking YN Yes Parking Features Asphalt Parking Total 9 Waterfront YN No

Interior Features

Appliances DishwasherDryerRefrigeratorStoveWasher Basement Partial Cooling YN No Fireplace YN No Kitchens Total 0

Property Features

Assessment Year 2021 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Electric Expense 3900 Heating Expenses 2400 Lot Depth 111.14 New Construction YN No Number Of Apartment Units 0 Property Sub Type MixedBuilding And Land Security Features Carbon Monoxide Detector(S) Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Water Source Municipal Zoning Bdc

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Edward J P Milani of Sutton Group - Select Realty Inc., Brokerage.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T16:23:36.027.
 
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