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124 RECTORY Street London

124 RECTORY Street, London

$619,900

  • 2
  • 1
2,100 Square Feet
Why rent or lease when you could own and generate multiple revenue streams with only one investment. With CC zoning this property offers a range of commercial uses which services the day-to-day convenience needs of the immediate neighbourhood. Currently operating as an established turn-key restaurant offering licensed dine-in for 30 seats. Upgrades and improvements over the past two years which include a new central air unit, electrical and fixtures, 30-gallon grease trap, stainless steel counter tops, vinyl siding, basement waterproofing with 2 brand new sump pumps, the waterproofing comes with a 10 year worry free warranty. The completely refaced bar and dining room offers an inviting and cozy experience for customers. The current owner-occupied upper apartment provides easy access to your personal area while operating your business. It has 2 spacious bedrooms, a very large family room with a sloped ceiling that only adds to the charm of this generous space. Fully equipped with stacking washer/dryer, stainless steel fridge with lower freezer and a gas stove that has been gently used. If living on site isn’t your thing, it is no problem rent it out and earn a bit of revenue as the apartment can be self-contained with its outside entrance that is perfect for a young professional couple or small family. There is onsite parking for 5 vehicles. If all of that isn’t enough, you can even generate passive income when you assume the solar panel contract. (id:23309)
  • Listing ID: 40567532
  • Property Type: Single Family
  • Year Built: 1970
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Rooms

LevelTypeDimensions
Second LevelBedroom17'4'' x 9'8''
Second LevelPrimary Bedroom12'11'' x 12'7''
Second Level3pc BathroomMeasurements not available
Second LevelKitchen9'0'' x 10'0''
Second LevelLiving Room20'0'' x 13'0''

Details

  • Architectural Style: 2 Level
  • Amenities Nearby: Playground, Public Transit, Schools, Shopping
  • Communication: High Speed Internet
  • Community Features: School Bus
  • Equipment: Water Heater
  • Features: Corner Site, Visual exposure, Sump Pump
  • Ownership: Freehold
  • Parking Spaces: 5
  • Rental Equipment: Water Heater
  • Transaction: For sale
  • Zoning Description: CC

Building

  • Appliances: Dryer, Refrigerator, Satellite Dish, Stove, Washer
  • Architectural Style: 2 Level
  • BasementType: Full (Partially finished)
  • Basement Development: Partially finished
  • Bedrooms Main Level: 2
  • Constructed Date: 1970
  • Construction Style Attachment: Detached
  • Cooling: Central air conditioning
  • Exterior Finish: Brick, Vinyl siding
  • Fireplace Present: False
  • Fixture: Ceiling fans
  • Foundation: Block
  • Bathrooms (Total): 1
  • Heating: Forced air
  • Size Interior: 2100.0000
  • Stories Total: 2
  • Type: House
  • Utility Water: Municipal water

Land

  • Access Type: Road access
  • Amenities: Playground, Public Transit, Schools, Shopping
  • Sewer: Municipal sewage system
  • Size Depth: 97 ft
  • Size Frontage: 30 ft
  • Size Irregular: 0.067
  • Size Total: 0.067 ac|under 1/2 acre

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    This property for sale, located at 124 RECTORY Street in London, was last modified on May 16th, 2024. Let us connect you with one of our real estate agents to schedule a viewing or to find other properties for sale in London.

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