Price C$2295000 - 40475933

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Property Description

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.

Features
: Electric, Forced Air, Baseboard, Geothermal
: Central Air
: Unfinished, Partial
: Patio
: 9
: Dishwasher, Dryer, Refrigerator, Washer, Stove
C$3900
: Separate Hydro Meters, Controlled Entry
: Separate Hydro Meters
: In-suite
: Shopping Nearby, Park, City Lot, Hospital, Public Transit, Rectangular, High Traffic Area, Business Centre
: Asphalt
: Asphalt
: Carbon Monoxide Detector, Smoke Detector, Carbon Monoxide Detector(s)
: Sewer (municipal)
Address Map
ON
Middlesex
London
N6A 1M7
206 Central Avenue
0
W82° 44′ 55”
N42° 59′ 26.3”
CORE AREA. CENTRAL AVE JUST WEST OF RICHMOND.
Additional information
SUTTON GROUP – SELECT REALTY INC., BROKERAGE
: Brick, Vinyl Siding
: Poured Concrete
: Gas, Mow/snow
1
5
: Intercom
: 51-99 Years
1
3
C$34521
: Municipal

206 Central Avenue, London, ON N6A 1M7

11 Bedrooms
3,506 Sqft
C$2295000
Listing ID #40475933
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 40475933
Price : C$2295000
Bedrooms : 11
Square Footage : 3,506 Sqft
Building Area : 3,506 Sqft
Status : Active
Property SubType : Multi-5 Unit
Zoning : BDC
Agent info
Mobility Team
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