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London East (East Q)
,
Ontario
N5N5W9
$2,700,000
Retail
Fantastic opportunity, approximately $50k annual Net income, an approximate 5 Cap rate, variety store and gas bar on long term lease, with rental bumps, 3 bedroom home rented to a long term tenant, willing to stay, and a car dealership on a busy intersection, in a rapidly expanding neighborhood. Property is official plan designated for medium density residential, hold property for the income, then redevelop! Very high potential, lots of parking. (id:6355)
DETAILS
: X12899968
: For sale
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: 0.537 ac
: 0.537
: 1000 sqft
: Municipal water
: Forced air
: Fully air conditioned
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: Septic System
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: CENTURY 21 FIRST CANADIAN TRUSTED HOME REALTY INC.
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