For Sale

345 HORTON Street, London East, Ontario N6B 1L6

$4,595,000

345 HORTON Street, London East, Ontario N6B 1L6 is For Sale and has a listing price of 4,595,000. The property is located in the London East . It's been on the website for 157 Days.

  • MLS ID: X10442624
  • Office Name STREETCITY REALTY INC.
Property Description

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.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: X10442624
  • Price: $4,595,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 165.5
  • Ref ID: X10442624
  • Dir / Cross St: Waterloo and Horton
  • Status: Active
  • Tax Year: 2023
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
11/22/2024 X10442624 $4,595,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London East
  • $688,912 Average List Price
    based on 1 year
  • 336 New Listings
    based on 30 days
  • 67 Median Days on Market
    based on 1 year
  • List vs. Selling Price 179.96 % Up
  • Sold (12mo) 365
  • Rented (12mo) 110

  • 1 Month Change -25.6%
  • 3 Month Change -43.1%
  • 6 Month Change +11.6%
Walkscore
Additional Details
  • Heat Type Gas Forced Air Open
  • Garage Type Outside/surface
  • Kitchen Y
  • Taxes: $33,887
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 22/11/2024 18:13:59
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