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STAN KHURANA
Sales Representative


Cell: 647-383-6000
Office: 905-883-1988
Fax: 905-883-8108

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CENTURY 21 ATRIA REALTY INC., BROKERAGE
Independently owned and operated.
C200-1550 Sixteenth Ave Bldg C Richmond Hill, ON L4B3K9


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$497,000
Available - For Sale
Listing ID: X12454905
This exceptional commercial property presents a prime investment opportunity in a desirable London location. The approx. 2,300-square-foot building, situated between York, King, and Dundas Streets, offers convenient on-site around 12 car parking. Its versatile zoning accommodates a wide range of business uses. Recent renovations, totaling approximately $130,000, include a newly converted four-bedroom, two-bathroom residential unit upstairs, which is currently rented with monthly rent of CAD $ 1800. Oct 2025 - new roof. The main floor offers significant potential for various commercial ventures, such as office space, restaurants, or wellness centers. This unique property combines the benefits of live-in accommodation and a ground-floor business area, ideally suited for entrepreneurs seeking to minimize living expenses while operating their business. Further enhancing its appeal are wheelchair accessibility features, controlled entry with video surveillance, and an owned hot water tank.
Price $497,000
Taxes: $8,736
Tax Type: Annual
Occupancy by: Vacant
Address: 389 Lyle Street , London East, N5W 3R6, Middlesex
Postal Code: N5W 3R6
Province/State: Middlesex
Legal Description: PT LTS 29 & 30 S/S DUNDAS ST & PT LT 32
Directions/Cross Streets: Dundas St and Lyle St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 2,300
Total Area Code:  Square Feet
Retail Area Code: %
Franchise: F
Maintenance: 0
Sprinklers: Yes
Clear Height Feet: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
HOMELIFE/MIRACLE REALTY LTD

389 Lyle Street , London East, N5W 3R6, Middlesex

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Stan Khurana
Sales Representative
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6473836000
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905-883-1988

 
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Type: Com - Commercial Retail
Area: Middlesex
Municipality: London East
Neighbourhood: East L
Style:
Lot Size: x 87.64(Feet)
Approximate Age:
Tax: $8,736
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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