124 Rectory Street

London

124 Rectory Street
124 Rectory Street
124 Rectory Street
+42
2
 bed
1
 bath
5
 parking
2918
 sqft *
* This unit size is calculated from property.ca data
For Sale
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12 days
 on site
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$619,900
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* This unit size is calculated from property.ca data
Size
2918 sqft
Lot size
272.21 sqm
Street frontage
E
Possession
-
Price per sqm
$2,287
Taxes
$4,160.26 (2022)
Parking Type
-
Style
Two Story
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Description
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.
Broker: STREETCITY REALTY INC., BROKERAGE
MLS®#: 40567532
Property details
Parking:
5
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
Two Story
MLS Size:
195 sqm
Lot front:
9.14 M
Lot depth:
29.57 M
Listed on:
Apr 3, 2024
Show all details
Rooms
LevelNameSizeFeatures
Flat
Living Room
Unknown
Flat
Kitchen
Unknown
Flat
Bathroom
Unknown
Flat
Bedroom Primary
Unknown
Flat
Bedroom
Unknown
420 Egerton Street
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Jeff Benoliel
Broker
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: 40567532
Listed by STREETCITY REALTY INC., BROKERAGE

About 124 Rectory Street

124 Rectory Street is a London detached house for sale, near VAN STREET. It has been listed at $619900 since April 2024. This 2918 Squa detached house has 2 beds and 1 bathroom.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this detached house.

Getting around the area will require a vehicle, as there are no nearby transit stops.

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