273 Thompson Road
London, N5Z 2Z3
FOR SALE
$799,000

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Commercial Retail
CATEGORY1,950 Sq Ft
OFFICE/APT AREAX12783292
MLSIDContact Us
Property Description
Excellent opportunity to own a Multiple use commercial unit currently being used as a boarding house with CC1 and R11 zoning permitting convenience store, office, dental, professional, Personal or convenience service, Bank or other financial Institution, combined use of residential cum commercial also possible. Turnkey investment opportunity producing exceptional income. Presently well maintained by Professional property management company- Licenced 9 bedroom lodging house with 7 one-bedroom units with 7 bathrooms and a shared kitchen and 1 two-bedroom unit with its own kitchen, bathroom and living room. Currently fully leased. Roof 2021, HVAC 2019, wiring 2019, plumbing 2019, coin operated laundry 2020. Large lot with possibility to split add ARU. Reliable Cash Surplus investment.
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Property Details
Address
273 Thompson Road
Community
City
Postal Code
N5Z 2Z3
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
R11 & CC1
Lot Size
40' x 153'
Office Area
1,950 Sq Ft
Retail Area
1,950 Sq Ft
Acreage
6,092.4 Feet
Taxes
$5,767 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Parking Spaces
10
Garage Type
Single Detached
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Listing contracted with Century 21 People`S Choice Realty Inc.
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