496 Adelaide ST N, London East, ON N6B 3J2
496 Adelaide ST N, London East, ON N6B 3J2
496 Adelaide ST N, London East, ON N6B 3J2
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$555,000
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2,974 SqFt
Active Under Contract

496 Adelaide ST N London East, ON N6B 3J2

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Kenneth Yim

Kenneth Yim

+1(416) 906-0080

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,974 sqft

Price per Sqft $186

Subdivision East G

MLS Listing ID X12576284

Annual Tax Amount $9,704

Tax Year 2025

Property Sub-Type Investment

Lot Depth 150.0

Lot Front 50.0

Property Description

This mixed-use commercial / residential building on Adelaide Street North offers an excellent opportunity for investors or owner-occupiers. The property boasts excellent exposure and includes two commercial units and two residential units ( 1 bedroom and 2 bedrooms), along with nine on-site parking spaces. One of the commercial units is currently owner-occupied, with a flexible arrangement allowing the current owner to either lease back the space or vacate. A significant advantage for an owner-occupier is the vacant two-bedroom apartment. This allows a new owner to live on-site and operate their business while generating income from the other two leased units. Detailed rent roll and operating expenses are available upon request.

Location

Province ON

County Middlesex

Area Middlesex

Zoning AC4

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 50.0

Lot Depth 150.0

Others

Security Features No

ParcelsYN No

Listed by CBRE LIMITED

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Kenneth Yim

Kenneth Yim

Broker of Record License ID: 9524831

+1(416) 906-0080

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496 Adelaide ST N

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