- Ontario
- London
124 Rectory St
CAD$619,900 Sale
124 Rectory StLondon, Ontario, N5Z2A1
215| 2100 sqft
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ID40567532
StatusCurrent Listing
Ownership TypeFreehold
TypeResidential House,Detached
RoomsBed:2,Bath:1
Square Footage2100 sqft
Land Size0.067 ac|under 1/2 acre
AgeConstructed Date: 1970
Listing Courtesy ofSTREETCITY REALTY INC., BROKERAGE
Detail
Building
Bathroom Total1
Bedrooms Total2
Bedrooms Above Ground2
AppliancesDryer,Refrigerator,Satellite Dish,Stove,Washer
Basement DevelopmentPartially finished
Construction Style AttachmentDetached
Cooling TypeCentral air conditioning
Exterior FinishBrick,Vinyl siding
Fireplace PresentFalse
FixtureCeiling fans
Foundation TypeBlock
Heating TypeForced air
Size Interior2100.0000
Stories Total2
Utility WaterMunicipal water
Basement
Basement TypeFull (Partially finished)
Land
Size Total0.067 ac|under 1/2 acre
Size Total Text0.067 ac|under 1/2 acre
Access TypeRoad access
Acreagefalse
AmenitiesPlayground,Public Transit,Schools,Shopping
SewerMunicipal sewage system
Size Irregular0.067
Utilities
CableAvailable
ElectricityAvailable
Natural GasAvailable
TelephoneAvailable
Surrounding
Community FeaturesSchool Bus
Ammenities Near ByPlayground,Public Transit,Schools,Shopping
Other
Equipment TypeWater Heater
Rental Equipment TypeWater Heater
Communication TypeHigh Speed Internet
FeaturesCorner Site,Visual exposure,Sump Pump
BasementPartially finished,Full (Partially finished)
FireplaceFalse
HeatingForced air
Remarks
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. (id:22211)
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Location
Province:
Ontario
City:
London
Community:
East L
Room
Room
Level
Length
Width
Area
Bedroom
Second
5.28
2.95
15.58
17'4'' x 9'8''
Primary Bedroom
Second
3.94
3.84
15.13
12'11'' x 12'7''
3pc Bathroom
Second
NaN
Measurements not available
Kitchen
Second
2.74
3.05
8.36
9'0'' x 10'0''
Living
Second
6.10
3.96
24.16
20'0'' x 13'0''