Scott Morgan - Sutton
44 Baldwin Street
Brooklin, ON L1M1A2
$999,900
( $192.29Per Sq Foot )
$5,368 est/mo Sourced by Back At You342 Richmond Street,London East (East K), ON N6A3C3
London East (East K), ON N6A3C3
Description
Prime investment opportunity in the heart of Downtown London! Welcome to 342 Richmond Street, a fully tenanted mixed-use commercial building that perfectly blends income-generating potential with modern upgrades. Featuring an established ground-level storefront and five beautifully renovated residential units, three spacious 2-bedroom, 1-bathroom apartments and two cozy 1-bedroom, 1-bathroom units, this property is designed to attract quality tenants. Each residential unit showcases updated finishes, ensuring long-term tenant satisfaction, while the convenience of on-site laundry adds extra appeal. Recent improvements include a brand-new roof, offering peace of mind for years to come. With a stellar net operating income of $111,000 annually and a high-demand location amidst Londons bustling core, this property is a rare find. Just steps from trendy shops, dining, and cultural landmarks, this property offers an exceptional opportunity to own a turnkey asset in a thriving urban center. Don't miss your chance to capitalize on this premium downtown cash cow! (id:13843)
Details
| MLS # | X13054230 |
|---|---|
| Listing Type | For Sale |
| Style | Residential Commercial Mix |
| Status | Active |
| Days On Site | 182 |
| Listing Provided By | TEAM GLASSER REAL ESTATE BROKERAGE INC. | CODY TILBURY |
Features
| SQ Feet | 5,200 |
|---|---|
| Zoning | DA1 |
Interior
| Cooling | None |
|---|---|
| Heating | Hot Water |
| Fireplace Yes / No | No |
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 8169.79 |
|---|
Area Information
| Province | ON |
|---|---|
| City | London East (East K) |
| Postal Code | N6A3C3 |
| Listing VS Median (in N6A3C3) | |
Price: $999,900 low | high Med: $275,475 sqft: 5,200 low | high Med: 3,375 $ / sqft: $192 low | high Med: $53 On site: 182 low | high Med: 126.5 | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| City | London East (East K) |
| Postal Code | N6A3C3 |
| Listing VS Median (in N6A3C3) | |
Price: $999,900 low | high Med: $275,475 sqft: 5,200 low | high Med: 3,375 $ / sqft: $192 low | high Med: $53 On site: 182 low | high Med: 126.5 | |
Nearby Listings (Within 1/4 mile)
Price: $749K - $1.249M
sqft: 3,500 - 6,500
Listing Updated: September 29, 2026 at 3:22:51 AM PDT
©2021. Listing information is deemed reliable, but is not guaranteed.
© Copyright 2026, Back At You
SITE POWERED BY
