Property Information:
Attention developers and investors! Here is a fantastic chance to seize a prime mixed-use investment opportunity in the vibrant heart of London. This building boasts immense potential for those with the right vision and would make a stellar addition to any savvy investor's portfolio. The property comprises two (2) commercial units and possibly up to three (3) to six (6) residential units. Note only one commercial unit is currently the only tenanted space within the building. Positioned for maximum visibility, accessibility, and character, this property enjoys a highly convenient location near Downtown, shopping districts, public transit hubs, the Western Fair District, and offers swift access to Highway 401.
Exclusions : Tenants' Belongings
Property Features:
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Bedrooms:
0
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Acres Range:
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Basement:
Crawl Space
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Construction Materials:
Vinyl Siding
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Lot Depth:
203.92 Feet
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Lot Features:
City Lot, High Traffic Area, Public Transit, Schools
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Lot Frontage:
33.00 Feet
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Utilities:
Electricity Connected, Garbage/Sanitary Collection, Natural Gas Connected, Recycling Pickup, Street Lights
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Water Source:
Municipal
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Zoning:
BDC(19) D250 H46
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Sewer:
Sewer (Municipal)
Neighbourhood Notes:
Old East Village (OEV) is a historic neighbourhood in London, just east of Downtown; designated as an Ontario Heritage Conservation District in 2006 to recognize and protect its history and sense of place. With a mix of housing styles, mainly late 19th and early 20th century single detached homes, along with newer apartment buildings. There is a strong ‘front-porch’ culture throughout the Old East Village. The Western Fair Farmers and Artisans Market, open on Saturdays and Sundays, is a social feature of the neighbourhood. There are many great opportunities for recreation in Old East Village. Boyle Park has a playground, basketball court, and tennis courts, as well as a Community Centre with meeting rooms, a gymnasium, and kitchen facilities. The Western Fair District has an arena with four ice surfaces, live horse racing, a casino, and large event grounds that hosts the annual Western Fair. Queens Park is connected to the Western Fair and fronts onto Dundas Street. Carson Library Branch is also located in the heart of Old East Village. St. Mary’s Choir Catholic School is located in the neighbourhood, and students also attend East Carling Public School, Lord Roberts French Immersion, Blessed Sacrament Catholic School, and Central, Catholic Central, and H.B. Beal secondary schools.
