Excellent mixed-use investment opportunity in a high-traffic location near Hamilton Road, with convenient access to downtown and Highway 401. The main floor commercial space is occupied by a long-term tenant of over 5 years, currently on a month-to-month basis. The vacant upper residential apartment features 2 bedrooms, 1 bathroom, a kitchen, living room, and a separate entrance from the main floor. Recent updates include an owned hot water heater in 2024 and a new air-conditioning unit in 2025. Zoning permits a broad range of commercial and residential uses, including retail, personal services, offices, and restaurants. With approximately 2,400 sq. ft. of total above-ground space and projected monthly income potential of over $4,500, this property offers strong income and value-add potential. The upper apartment may require renovations. Property is being sold in "as is, where is" condition with no warranties or representations. (id:60365)
| MLS® Number | X13226948 |
| Property Type | Retail |
| Community Name | East L |
| AmenitiesNearBy | Public Transit |
| Age | 51 To 99 Years |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 2426 Sqft |
| Type | Residential Commercial Mix |
| UtilityWater | Municipal Water |
| Acreage | No |
| LandAmenities | Public Transit |
| SizeDepth | 69 Ft ,10 In |
| SizeFrontage | 32 Ft ,8 In |
| SizeIrregular | 32.67 X 69.9 Ft |
| SizeTotalText | 32.67 X 69.9 Ft |
| ZoningDescription | Ac4x Ac |
https://www.realtor.ca/real-estate/29839119/413-hamilton-road-london-east-east-l-east-l
Cathy Yu
Salesperson