$795,000
Status: For Sale
Exciting Investment Opportunity! Highly desirable rental property conveniently located near downtown. This three-unit building is situated on a spacious lot, within walking distance to downtown and near major transit routes. Units 1 and 2 offer two bedrooms and one bathroom each on the ground level. Unit 3, located on the upper level, is divided into three separate units (A, B, and C). Unit A features 2 bedrooms and 1 bathroom, Unit B has 1 bedroom and 1 bathroom, and Unit C is a bachelor unit with a bathroom. Experience the beauty of scenic trails along the Thames River, attend major ball games in London, and enjoy various festivals and entertainment events downtown. This property generates a net income of $58,000 annually, with a Pro Forma worksheet available for review upon request. With a remarkable cap rate of 7.1%, this investment opportunity is not to be missed. Act swiftly to seize this lucrative opportunity! Vendor take back mortgage is possible with 30% down to approved potential buyers.
| Price | :$795,000 |
| Property Taxes | :$2490.00 |
| Tax Year | :2023 |
| Cross Street | :Colborne & Horton |
01 May, 2024
TREB #X8285652
Available
$795000.0
387 Horton St is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 387 Horton St with a highly strategic location at the N6B 1L6 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
387 Horton St offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8285652 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 2490.00 and an attractive 795,000 while getting several vibrant East K benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and N6B 1L6. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and None for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Colborne & Horton. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $3,975 available on the 795,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $3,975 and other attractive incentives for buying this Commercial in Ontario and at N6B 1L6. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X8285652 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 387 Horton St promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at N6B 1L6 and you will find a value addition at 387 Horton St by all means.
