1024 Oxford St E
London, N5Y3K9
UNAVAILABLE
➧
➧
Apartment
CATEGORY23,835 Sq Ft
TOTAL AREAX8461388
MLSIDContact Us
Property Description
Investment or redevelopment opportunity. This large assembly totalling 1.1 acres spanning from Stuart Street to Appel Street along busy Oxford Street East, includes a mix of commercial and residential properties. The buildings are well maintained. The existing rents are well below market, and most tenants are month to month. An ice factory formerly operated at the core of this property. That space, totalling 18,000 square feet (over 6000 sq ft is cold storage), is now vacant, leaving plenty of room for owner users. The Arterial Commercial zoning allows for many office, retail, service, repair, and automotive uses. Please contact the listing agents for the buyer package. ***7 Appel St, 6 Stuart St, 8 Stuart St, 10 Stuart St, 1024, 1028, 1030, 1040, 1042 & 1048 Oxford St must be sold together.***
Call
Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
Ac2 Ac4 Ac5
Total Area
23,835 Sq Ft
Retail Area
1,800 Sq Ft
Industrial Area
16,200 Sq Ft
Lot Size
147' x 120'
Taxes
$19,270 (2023)
Air Conditioning
Yes
Call
Listing contracted with Sutton Group - Select Realty
Similar Listings
Note: Buy and renovate and rent This listing 1061 & 1057 to gether, Very convenience location, Very close to Hospital, University of Western, Other Colleges, Step to bus route, unlimited potential to be unlocked with your imaginary finishing of this building, First floor and second floor most work done, basement most work done, you must see to appriciate the layout, there are 12 larger unit, total of 27 washrooms. lots of parking for your tenants, *** see attachement The following are permitted uses in the NF Zone variation. ***Taxes are to be assessed after completion of work***
Call
VERY SOLID 6 UNIT BUILDING CLOSE TO FANSHAWE COLLEGE AND ALL AMENITIES. 4 X 3 BEDROOM UNITS AND 2 X 1 BEDROOM UNITS. THERE IS ALSO AN ADDITIONAL SPACE IN THE LOWER LEVEL COULD EASILY BE USED AS AN APARTMENT(CURRENTLY JUST STORAGE FOR THE OWNER) COIN LAUNDRY ON SITE. STORAGE LOCKERS AVAILABLE FOR EACH UNIT. TONS OF PARKING IN THE REAR AND BUS ROUTES VERY VERY CLOSE BY. THIS IS A TURN KEY INVESTMENT OPPORTUNITY AND CREATES FANTASTIC INCOME. 2023 NUMBERS AS FOLLOWS...Total rental income 130425.03 Laundry income 1000 Property taxes 6721 Insurance 4223 Gas 6758 Hydro 8235. THE LOCATION MAKES THESE UNITS SO EASY TO RENT. DONT MISS IT.
Call
This well-maintained 25-unit multi-family, brick building is a fantastic addition to any real estate portfolio. Nestled in a beautiful and highly sought-after neighborhood, this property is not only a gem for its tenants but also offers strong returns for investors, with a cap rate of approximately 5.5%. Highlights include 25 all-inclusive units, making renting convenient and attractive for tenants. Ample on-site parking for tenants and visitors alike, a rare find in the area. New flat roof installed in 2019, minimizing future maintenance costs. Convenient coin laundry facilities within the building for added tenant convenience and landlord income. With its prime location, solid construction, and amenities, this building is a turnkey investment. Take advantage of the demand in this fantastic neighborhood and the ease of all-inclusive units. Three vacant units await your tenant selection. This is an opportunity that's both attractive and enduring. Don't miss out!
Call
Call