345 HORTON Street
London East, ON
- 8,352 sqft
- Commercial Retail
- 655 days on market
Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate >4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries.Great visibility onthe main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potentialuses underr current zoning. Book a viewing appointment today! Vendor VTB mortgage. **EXTRAS** Please allow 24 hours minimum notice for showings. Owners would consideroffering a VTB first mortgage. Listing agent is related to one of the owners.
Listing Details
- Taxes (2023)
- $33,887
- Listed
- November 22, 2024
Price History
Property
- Lot Size
- 141.5 x 165.5 Feet
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Waterloo and Horton
- Zoning
- R8-4 AC4
- Parcel Number
- 083190104
- Occupancy
- Tenant
Commercial
- Business Type
- Retail Store Related
Community
Postal area N6B
- Population
- 11,101
- Private dwellings
- 7,181
- Median age
- 38
- Average household size
- 1.6
- Median household income
- $49,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in London East · last 12 months
- Median sold price
- $462,000
- Homes sold
- 1,322
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,322 recorded sales of commercial properties in London East over the last 12 months.
Listed by
RIGHT AT HOME REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Building area
- 8,352 sq ft
- Price per sq ft
- $550.17
- Annual property tax
- $33,887
- Tax per sq ft
- $4.06
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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