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$5,800,000
Available - For Sale
Listing ID: X13614158
700 York Street , London East, N5W 2S8, Middlesex
| 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. |
| Price | $5,800,000 |
| Taxes: | $39224.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 700 York Street , London East, N5W 2S8, Middlesex |
| Postal Code: | N5W 2S8 |
| Province/State: | Middlesex |
| Legal Description: | PART LOT 12, CONCESSION C DESIGNATED AS |
| Directions/Cross Streets: | york |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Office |
| Use: | Professional Office |
| Building Percentage: | T |
| Total Area: | 29097.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 29097 |
| Office/Appartment Area Code: | Sq Ft |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Expenses Actual/Estimated: | $Est |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| CENTURY 21 FIRST CANADIAN CORP |
|
|
Anne Saint-Amour
Sales Representative
Bus:
905-878-8101
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Office |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East L |
| Tax: | $39,224 |
| Fireplace: | N |
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