463 King Street, London East (East K), Ontario N6B1S8

Listing courtesy of REAL BROKER ONTARIO LTD.

$675,000
2,305
SqFt

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List Price
$675,000
Status
ACTIVE
Days on Market
86
MLS® #
LondonandStThomasAssociationofREALTORS-X13453584
Living Area
2,305
Lot Size
4,094
Acres
0.09
Subdivision
East K
Neighborhood
East K
MLS Area Major
East K

Property Description

This detached mixed-use building offers approximately 1,200 sq. ft. of commercial office space on the main floor and a spacious 1,000 sq. ft. two-bedroom residential apartment on the second level. Thoughtfully and fully renovated with permits, the property has been restored with careful attention to preserving the character and charm of the original century building. Heritage features such as beautiful stained-glass accents and hardwood flooring have been retained and enhanced, while major building systems have been comprehensively upgraded, including plumbing, electrical, and fire separation, providing peace of mind for owners and tenants alike. This building is a turnkey opportunity for investors or owner-occupiers. The upper residential unit is currently tenanted, providing immediate rental income, while the main floor commercial space is leased until October 2026, offering future flexibility for an owner-user or new tenant. Ideally located within walking distance of public transit, restaurants, shops, and downtown amenities, the property also features ample on-site parking, a rare and highly desirable convenience in the downtown core. Whether you're looking to expand your investment portfolio, operate your business on the main floor while generating rental income from the residential unit above, or secure a well-maintained mixed-use asset with long-term upside, this property presents an exceptional opportunity. (id:5764)

Additional Information

Taxes
$4,200
Community Features
East K
Appliances
Washer, Dishwasher, Dryer, Microwave
Heating
Forced air, Natural gas
Air Conditioning
Fully air conditioned

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Calculator source: Real Geeks