206 Central Avenue No longer available

London, East F, N6A 1M7

$2,199,000

Description

Listed by SUTTON GROUP - SELECT REALTY.

FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL. HIGH END LUXURY FINISHES. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174.000 A YEAR. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS. CERAMIC, QUARTZ COUNTERTOPS. 5 APPLIANCES. 2-4 BEDROOM UNITS HAVE 2 FULL BATHS, 1-2 BEDROOM AND A 1-1 BEDROOM APT. CONTROLLED ENTRY.

Assumable 1st Nat. bal. $1,169,403.81 @ ded.31,2023 @ 5.35% payments P&I Due Nov 1,2025 with $500,000 down seller will hold 2nd @ 2%

Location

View Map
  • Address: 206 Central Avenue
  • Neighborhood: East F
  • City: London
  • State: Ontario
  • Postal Code: N6A 1M7

Property Details

  • Property ID: X9049763
  • Property Price: $2,199,000
  • Style: Commercial/Retail, Multi-Use
  • Parking Spaces: 9
  • Year Built: 51-99
  • A/C: Y
  • Basement: Y
  • Heating: Gas Forced Air Open
  • Taxes: $36,728.00 (2024)
  • Lot: 111.14x45.08 (Feet)

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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