$ 499.900
ON London
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389 Lyle Street, London

  • Living area: 2300 square feet
  • Type: Commercial
  • Added: 15 days ago
  • Updated: 14 days ago
  • Last Checked: 5 hours ago
Amazing opportunity to own this gem of a commercial property in London. Approx 2300 sqft, located in a prime core location between York, King and Dundas area with onsite free parking. Currently rented at$4500 plus utilities. Tenants willing to stay but vacant possession also possible. Has zoning for a variety of businesses. Approx $130k spend on renovations. Upstairs has recently been converted into 4bed 2 bath residential unit and main floor has potential for plenty of businesses from office space to restaurants/wellness center. Commercial offering a live-in upper and business on the lower level. This could be a perfect opportunity for an entrepreneur to live at a low cost while operating a business below. The main level has many wheel chair accessibility features included. There is an intercom system throughout and lighting can also be controlled remotely for investors. Onsite parking, controlled remotely for investors. Onsite parking, controlled entry with video, owned HWT. Directions to Property: HEADING EAST ON DUNDAS ST, TURN RIGHT ON LYLE. THE PARKING LOT & PROPERTY ARELOCATED ON YOUR RIGHT-HAND SIDE. (id:1945)

Property DetailsKey information about 389 Lyle Street

  • Cooling: Fully air conditioned
  • Heating: Forced air, Natural gas
  • Type: Commercial Property
  • Size: Approx 2300 sqft
  • Zoning: Variety of businesses

Interior FeaturesDiscover the interior design and amenities

  • Appliances: Washer, Refrigerator, Stove, Dryer
  • Living Area: 2300
  • Residential Unit: Bedrooms: 4, Bathrooms: 2
  • Main Floor Potential: Office Space, Restaurant, Wellness Center
  • Accessibility Features: Wheelchair accessible
  • Intercom System: Throughout the property
  • Lighting Control: Remote control available

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 389 Lyle Street

  • Water Source: Municipal water
  • Lot Size Dimensions: 132.33 x 87.64 FT
  • Parking: Onsite free parking
  • Entry: Controlled entry with video

Location & CommunityUnderstand the neighborhood and community

  • Directions: HEADING EAST ON DUNDAS ST, TURN RIGHT ON LYLE. THE PARKING LOT & PROPERTY ARE LOCATED ON YOUR RIGHT-HAND SIDE.
  • Core Location: Between York, King and Dundas area

Business & Leasing InformationCheck business and leasing options available at 389 Lyle Street

  • Business Type: Retail and Wholesale
  • Business Opportunities: Combination of living and operating a business

Property Management & AssociationFind out management and association details

  • Tenancy: Currently rented at $4500 plus utilities
  • Vacant Possession: Possible if needed
  • Tenants: Willing to stay

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer
  • Hot Water Tank: Owned

Tax & Legal InformationGet tax and legal details applicable to 389 Lyle Street

  • Tax Annual Amount: 8851.92
  • Zoning Description: Commercial - BDC OR

Additional FeaturesExplore extra features and benefits

  • Renovations Cost: $130k
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

Nearby Listings Stat

Active listings
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Min Price
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Avg Price
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Max Sold Price
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Avg Sold Price
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Days until Sold
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More Details?
SADAQAT AHMED SHEIKH
  • SADAQAT AHMED SHEIKH
  • EXECUTIVE HOMES REALTY INC.
  • 905-890-1300
  • WebSite

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