Masters Group

Property Details

206 CENTRAL Avenue, London, Ontario, N6A1M7

206 CENTRAL Avenue, London, Ontario, N6A1M7 (ID 40475933)
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000

$2,295,000 - For sale

ID#:40475933

FABULOUS PROPERTY ON RICHMOND ROW. ANCHOR TENANT ON MAIN LEVEL IS BURRITO BOYZ. 4 LUXURY APARTMENTS WITH 11 BEDROOMS IN TOTAL, HIGH END LUXURY FINISHES. ASSUMABLE MORTGAGE OF APPROX. $1,196,992 @5.35% UNTIL NOVEMBER 1, 2025. LOCATED JUST STEPS OFF RICHMOND, WEST ON CENTRAL WITH LOTS OF PARKING IN THE BACK AND SIDE. RARE OPPORTUNITY TO OWN A LUXURY BUILDING IN THE HEART OF RICHMOND ROW. GROSS INCOME OVER $174,000. BURRITO BOYZ HAVE SIGNED A NEW 10 YEAR LEASE. ALL APARTMENTS HAVE LAMINATE FLOORS, CERAMIC, QUARTZ COUNTERTOPS, ALND STAINLESS STEEL APPLIANCES. 4 BEDROOM UNITS HAVE 2 FULLS BATHS. CONTROLLED ENTRY. RENTAL INFORMATION DOCUMENTS. SELLER LOOKING TO RETIRE POSSIBLE VTB AVAILABLE. BURRITO BOYS LEASE IS WITH CORPORATES HEAD OFFICE. (id:2471)

Location DescriptionCORE AREA. CENTRAL AVE JUST WEST OF RICHMOND.

Property Details
  • Property Address:206 CENTRAL Avenue, London, Ontario, N6A1M7
  • Property Type:Multi-family
  • Title:Freehold
  • Lot Size:under 1/2 acre
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Parking Space Total:9
Structure Details for 206 CENTRAL Avenue, London, Ontario, N6A1M7
  • Bedrooms:11
  • Bathrooms:7
  • Floor Space:3506
  • Heating Type:Electric, Geo Thermal, Baseboard heaters, Forced air
  • Storeys:3
  • Basement Type:Partial (Unfinished)
  • Foundation Type:Poured Concrete
  • Cooling Type:Central air conditioning
  • Exterior Type:Brick, Vinyl siding
Amenities for 206 CENTRAL Avenue, London, Ontario, N6A1M7 Paved driveway, High Traffic Area
  • Amenities Nearby:Hospital, Park, Public Transit, Shopping
Representative
Joe Mavretic portrait
Joe Mavretic
Sales Representative
RE/MAX Centre City Realty Inc., Brokerage - St. Thomas*
Cell: 519-630-6786
Tel: 519-633-1000
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206 CENTRAL Avenue, London, Ontario, N6A1M7

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