London & Area Real Estate Listings
For Sale
1344 Hamilton Road
N5N5W9
$2,700,000
Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking. (id:62344)
Property Specification
| MLS Number | X12899968 |
| Cooling | Fully air conditioned |
| Heating | Forced air, Natural gas |
| Fireplace | Array |
| Lot Size Area | 1 acres |
| Sewage | Septic System |
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Disclaimer
These particulars are intended to give a fair description of the property but their accuracy cannot be guaranteed, and they do not constitute an offer of contract. Intending purchasers must rely on their own inspection of the property. None of the above appliances/services have been tested by ourselves. We recommend purchasers arrange for a qualified person to check all appliances/services before legal commitment.
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