206 CENTRAL Avenue, London, Ontario, N6A1M7

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For sale, ID#: 40475933
206 CENTRAL Avenue
London Ontario
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11 Beds
7 Bath
$2,295,000

FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT ON MAIN LEVEL IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL, HIGH END LUXURY FINISHES. ASSUMABLE MORTGAGE OF APPROX. $1,196,992 @5.35% UNTIL NOVEMBER 1, 2025. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK AND SIDE. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174,000. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS, CERAMIC, QUARTZ COUNTERTOPS, ALND STAINLESS STEEL APPLIANCES. 4 BEDROOM UNITS HAVE 2 FULLS BATHS. CONTROLLED ENTRY. RENTAL INFORMATION DOCUMENTS. SELLER LOOKING TO RETIRE POSSIBLE VTB AVAILABLE. BURRITO BOYS LEASE IS WITH CORPORATES HEAD OFFICE. (id:2471)

Representative for 206 CENTRAL Avenue, London, Ontario, N6A1M7
Team De Block
519-667-1800
http://www.teamdeblock.com
Property Details
  • Property Address: 206 CENTRAL Avenue, London, Ontario, N6A1M7
  • Property Type: Multi-family
  • Zoning Description: BDC
  • Title: Freehold
  • Acreage: under 1/2 acre
  • Sewage Type: Municipal sewage system
  • Water Type: Municipal water
  • Total Parking Spaces: 9
  • Amenities Nearby: Hospital, Park, Public Transit, Shopping
Structure Details
  • Storeys: 3
  • Floor Space: 3506
  • Bedrooms: 11
  • Bathrooms: 7-Total
  • Basement Type: Partial (Unfinished)
  • Heating Type: Electric, Geo Thermal, Baseboard heaters, Forced air
  • Cooling: Central air conditioning
  • Exterior Type: Brick, Vinyl siding
  • Foundation Type: Poured Concrete
Amenities / Features
  • Paved driveway
  • High Traffic Area
Neighbourhood Information

Listing Office: SUTTON GROUP - SELECT REALTY INC., BROKERAGE

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206 CENTRAL Avenue, London, Ontario, N6A1M7

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