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Active
MLS® X10442624

345 HORTON St E

London East, ON N6B 1L6

$4,595,000

Type

Commercial Retail

Taxes (2023)

$33,887.33

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Description

Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate >4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries.Great visibility onthe main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potentialuses underr current zoning. Book a viewing appointment today! Vendor VTB mortgage. **EXTRAS** Please allow 24 hours minimum notice for showings. Owners would consideroffering a VTB first mortgage. Listing agent is related to one of the owners.

Price & Status History

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Property Details

Property TypeCommercial Retail
CommunityEast K
Kitchens0
Lot Dimensions141.5 × 165.5 ft
Dir/Cross StWaterloo and Horton
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary+Storm
Taxes (2023)$33,887.33
HSTYes
SecurityNo
Listed Date11/22/2024
Days on Market507 days
PossessionFlexible
Vick Yogeswaran - REALTOR

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Guided by Vick Yogeswaran • REALTOR®

RE/MAX Realtron Realty Inc., Brokerage

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Listing Courtesy of:

STREETCITY REALTY INC.

This listing is provided through the TRREB MLS® System.

Tours available across the GTA — flexible scheduling

MLS® #X10442624