Message Number417616
statusActive
Subject LineCommercial with 2 Residential near Grand Bend, Ontario.
Business area
Canada
Ontario
Southwestern Ontario
London
Location, CityMiddlesex Parkhill
Have/WantHave
Business categoryCommercial Buildings/Hotels/Motels
Date of ListingAugust 4 2023
Type DescriptionCommercial with Residential - Mixed Use
LocationParkhill Ontario
Price$699,900.00
Building area3626
Site area1/2 acre
ZoningC1
Gross Income76800
Expenses8822
Net Income67978
Cap Rate9.7
CommentsMain Floor commercial area currently operating as a salon / spa. Can be leased for $3500 monthly +TMI at current market rent. Second floor currently is a 3 bedroom, 2 bathroom residential unit with living room, kitchen and balcony. This unit can be easily converted into 2 separate units with separate entrances and rent for $1600 and $1300/month each. Just over 1/2 acre with ample parking that can be leased out for extra income.
Internet Links
Member Identifier11393
Client DetailsPassive Investor
Active Investor
Clients ObjectiveOpportunity
Retire/Passive
ControlMLS
NameRahim Charania, RN, BScN
TitleBroker
Company NameeXp Realty Brokerage
Address Line One380 Wellington Street, Tower B, 6th Floor
CityLondon
State/ProvinceOntario
Zip/Postal CodeN6A 5B5
CountryCanada
Business Phone Number(519)859-0133
Cell Number5198590133
Email AddressSend Email
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