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Home ON Greater London London East London
389 LYLE Street
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389 LYLE Street $499,900
Aerial view
Property's view of city
Birds eye view of property
View of building exterior
View of home's exterior
View of side of property
View of property
View of building lobby
View of community lobby
Sitting room with a drop ceiling
Hall featuring a drop ceiling
View of storage area
Living room featuring a drop ceiling and sink
Workout area with a drop ceiling
Home office with a drop ceiling
Kitchen featuring white cabinets
Bathroom with toilet
Bathroom featuring a drop ceiling
Office featuring a drop ceiling and light carpet
Office space with a drop ceiling
Office area featuring a paneled ceiling
Office space with a drop ceiling
Hall featuring a drop ceiling
Office featuring a drop ceiling and dark colored carpet
Office featuring a drop ceiling
View of living area
Kitchen with stainless steel appliances, gray cabinets, sink, and light hardwood / wood-style flooring
Kitchen featuring light hardwood / wood-style flooring, gray cabinets, and stainless steel appliances
Kitchen with stainless steel appliances, gray cabinets, decorative backsplash, sink, and light hardwood / wood-style floors
Kitchen featuring gray cabinetry, sink, light wood-type flooring, and appliances with stainless steel finishes
Bathroom featuring vanity
Bathroom with walk in shower, toilet, tile patterned floors, and stacked washer / dryer
Washroom with sink and stacked washer / drying machine
Unfurnished living room with light wood-type flooring
Unfurnished bedroom with light wood-type flooring
Unfurnished bedroom with light hardwood / wood-style floors
Unfurnished room featuring light hardwood / wood-style flooring
Unfurnished room with light wood-type flooring
Unfurnished room with electric panel and light hardwood / wood-style floors
Additional living space with light hardwood / wood-style flooring
Unfurnished bedroom featuring light wood-type flooring and connected bathroom
Empty room with light hardwood / wood-style floors
Bathroom featuring vanity, tile patterned floors, toilet, and a shower with door
Unfurnished room with beam ceiling and light hardwood / wood-style flooring
Empty room featuring light hardwood / wood-style floors
$499,900
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389 LYLE Street
London, Ontario N5W3R6

MLS® Number: 40674068

Listing Description

Amazing opportunity to own this gem of a commercial property in London. Approx 2300 sqft, located in a prime core location between York, King and Dundas area with onsite free parking. Currently rented at $4500 plus utilities. Tenants willing to stay but vacant possession also possible. Has zoning for a variety of businesses. Approx $130k spend on renovations. Upstairs has recently been converted into 4 bed 2 bath residential unit and main floor has potential for plenty of businesses from office space to restaurants/wellness center. Commercial offering a live-in upper and business on the lower level. This could be a perfect opportunity for an entrepreneur to live at a low cost while operating a business below. The main level has many wheel chair accessibility features included. There is an intercom system throughout and lighting can also be controlled remotely for investors. Onsite parking, controlled remotely for investors. Onsite parking, controlled entry with video, owned HWT. (68293966)

Location Description

Dundas St and Lyle St

Property Summary

Property Type
Retail
Storeys
2
Subdivision Name
East A
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$8,851.92
Time on REALTOR.ca
43 days

Building

Interior Features
Basement Type
None
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
2300 sqft
Exterior Building Size
2300 sqft

Land

Lot Features
Frontage
132 ft
Land Depth
88 ft
Other Property Information
Zoning Description
Commercial BDC
Data provided by: Cornerstone - Mississauga # 1 - 3450 RIDGEWAY Drive, Mississauga, Ontario L5L0A2
Himanshu Sood