700 York Street, London East (East L), Ontario N5W2S8

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP.

$5,800,000
29,097
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$5,800,000
Status
ACTIVE
Days on Market
45
MLS® #
LondonandStThomasAssociationofREALTORS-X13614158
Living Area
29,097
Subdivision
East L
Neighborhood
East L
MLS Area Major
East L

Property Description

Prime opportunity to acquire a fully renovated, turnkey mixed-use commercial building in a high-visibility location. This exceptional investment is currently home to four established tenants, including a dental office, Asmara Café, a security company, and a fitness gym, providing a strong and diversified income stream. In addition, the property offers vacant space that is ideal for an owner-occupier or can be leased to generate additional rental income and enhance future returns. The favourable RSC2 and RSC4 zoning permits a wide range of commercial uses, making this an excellent opportunity for investors or business owners seeking flexibility and long-term growth potential. The building has undergone extensive renovations and capital improvements, including: Roof replacement (2018) New elevator (2017) Complete office build-out (2017) Café build-out (2019) UPS system with backup generator and automatic transfer switch (2017) Eight new HVAC units installed since 2018 This well-maintained property combines stable tenancy, modern infrastructure, and future leasing potential, making it an outstanding investment opportunity for both owner-users and investors alike. (id:5764)

Additional Information

Taxes
$39,224
Community Features
East L
Heating
Forced air, Natural gas
Air Conditioning
Fully air conditioned
Parking Features
Other

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks