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Home ON Greater London London East London
389 LYLE STREET
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389 LYLE STREET $499,900
$499,900
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389 LYLE STREET
London, Ontario N5W3R6

MLS® Number: X10409056

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 4bed 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. Directions to Property: HEADING EAST ON DUNDAS ST, TURN RIGHT ON LYLE. THE PARKING LOT & PROPERTY ARELOCATED ON YOUR RIGHT-HAND SIDE. (38031046)

Location Description

Dundas St and Lyle St

Property Summary

Property Type
Retail
Community Name
East L
Land Size
132.33 x 87.64 FT
Annual Property Taxes
$8,851.92
Time on REALTOR.ca
9 days

Building

Interior Features
Appliances Included
Dryer, Refrigerator, Stove, Washer
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)

Measurements

Square Footage
2300 sqft

Land

Lot Features
Frontage
132 ft ,3 in
Land Depth
87 ft ,7 in
Other Property Information
Zoning Description
Commercial - BDC OR
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
SADAQAT AHMED SHEIKH