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$ 1,890,000
Est. payment | /mo
6,691 SqFt
$ 1,890,000
Est. payment | /mo
6,691 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 6,691 sqft
Price per Sqft $282
Subdivision East F
MLS Listing ID X12414039
Annual Tax Amount $27,903
Tax Year 2025
Property Sub-Type Office
Property Description
Rare opportunity to acquire a solid masonry three story mixed use office residential building built in 1987 across from Victoria Park. Building consists of three commercial units and three residential units. Total square footage of 6,691. Current net operating income of $121,775.00 offering a 6.4% cap rate. Very suitable for owner occupied and an excellent investment opportunity. Onsite parking for 16 vehicles. Building in top condition with high end finishes. Many recent improvements-three residential units added around 10 years ago, 2nd floor HVAC units new in 2016, and Apt#3 in 2018, new HVAC for suite 1 in August 2022 and new HVAC for Apt. 1 in July 2022. Copy of rent roll, a recently completed Phase One ESA, floor plans and Fire Inspection Letter available upon request.
Location
Province ON
County Middlesex
Community East F
Area Middlesex
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 50.0
Lot Depth 157.0
Others
Security Features No
Listed by RE/MAX CENTRE CITY REALTY INC.
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