894 ADELAIDE Street N, London ON

$ 999,900.00

MLS# 201407

0.5120 acres • Multi-Family

Centrally located, half acre site with fully rented purpose built brick apartment building within walking distance to shopping, transit, schools, and parks. The property features an existing 6 suites with separately metered electricity, on-site parking, and approvals in place to construct a second 9 suite building. A total of 15 suites upon completion. The city has accepted the site plan application and the building layout, site plan, and supporting documents are all available to the buyer. This is your opportunity to build. The existing building has been well maintained and is turnkey. Taxes and Assessment are based on the property as is.

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BROKERED BY: COLLIERS INTERNATIONAL LONDON ONTARIO, BROKERAGE


Facts & Features

Type
5-8 Units, Residential
Year Built
1963
Water
Municipal-Metered
Heating
Hot Water-Gas
Cooling
Other (See Remarks)
Lot Size
0.5-0.99 Acres
Parking
Unknown
Days on LetsLook
99

Property Details

  • Area: City of London East
  • Assessed Value: $438,000.00
  • Age: 1963
  • Fronting: East
  • Taxes: $6,780.00 in 2019
  • Basement: No

Exterior

  • Finish: Brick
  • Foundation: Unknown
  • Garage: No

Services

  • Electricity
  • Garbage/Sanitary Collection
  • Internet High-Speed
  • Natural Gas
  • Public Transit
  • Recycling Pickup
  • Street Lights
  • Telephone

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894 ADELAIDE Street N, London ON N5Y 2M5



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