Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$2,199,000
Available - For Sale
Listing ID: X9049763
206 Central Ave , London, N6A 1M7, Ontario
| FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL. HIGH END LUXURY FINISHES. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174.000 A YEAR. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS. CERAMIC, QUARTZ COUNTERTOPS. 5 APPLIANCES. 2-4 BEDROOM UNITS HAVE 2 FULL BATHS, 1-2 BEDROOM AND A 1-1 BEDROOM APT. CONTROLLED ENTRY. |
| Extras: Assumable 1st Nat. bal. $1,169,403.81 @ ded.31,2023 @ 5.35% payments P&I Due Nov 1,2025 with $500,000 down seller will hold 2nd @ 2% |
| Price | $2,199,000 |
| Taxes: | $36728.00 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 206 Central Ave , London, N6A 1M7, Ontario |
| Postal Code: | N6A 1M7 |
| Province/State: | Ontario |
| Legal Description: | PART OF LOTS 1&2 PLAN 167 (W) 33R-5397 |
| Lot Size: | 45.08 x 111.14 (Feet) |
| Directions/Cross Streets: | RICHMOND |
| Category: | Multi-Use |
| Use: | Hospitality/Food Related |
| Building Percentage: | Y |
| Total Area: | 4400.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 3000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 1400 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Expenses Actual/Estimated: | $Act |
| Sprinklers: | Y |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Sewers: | Sanitary |
| Water: | Municipal |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
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At a Glance:
| Type: | Com - Commercial/Retail |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East F |
| Lot Size: | 45.08 x 111.14(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $36,728 |
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