2424 Main St

London | South V | N6P 1R2
  • 5 + 1
  • 4
  • 0

$1,250,000

Est. Mtg $4,238 /mo
  • Days on market

    227

  • Status

    New

Listing Broker OAK AND KEY REAL ESTATE BROKERAGE, INC.
Since listed: 0 views

Home details

MLS #:

X11943986

Property type:
Detached
Style:
2 1/2 Storey
Taxes:
$5,254
Possession:
Flexible
Lot Front:
42.88   Feet
Lot Depth:
205.53   Feet
Basement:
Finished |
Driveway Pkg:
14
Heat:
Gas | Radiant

Description


2424 Main St, , London, Ontario is a Detached property in London and in the South V community in the N6P 1R2 postal code


Welcome to 2424 Main St, a prime property located in the heart of Lambeth, Ontario. This stunning corner lot offers incredible versatility and curb appeal, making it a perfect opportunity for investors, entrepreneurs, or anyone seeking a unique live-in option. Situated along bustling Main Street and just minutes from Highways 402 and 401, this location provides unmatched accessibility and visibility, with approximately 15,000 vehicles passing by daily.The property features highly versatile BDC (Business District Commercial) zoning, allowing for almost endless potential uses, from retail and office spaces to mixed residential and commercial purposes. Recently updated from top to bottom, the interior boasts modern finishes throughout and a flexible layout that can suit a variety of needs. The property can be used entirely for commercial purposes or divided into income-producing units, with the option to separate the main and lower levels. While the lower unit is currently non-conforming, it offers tremendous potential for a variety of uses. Multiple entrances enhance the functionality, allowing for easy access to both floors. Inside, the space includes four bathrooms, designed to accommodate a wide range of uses.The large lot offers ample on-site parking, ideal for businesses or tenants, while its prominent location along Main Street ensures high visibility for commercial endeavors. Whether youre looking to operate your business, create a dual-purpose property, or simply make a smart investment, 2424 Main St delivers exceptional potential..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2025-01 2025-01 $1,250,000 $1,250,000 New X11943986
2025-01 $1,250,000 $1,250,000 X11943938

Comparables

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sold Date Address List Price sold Price DOM
2015-04 3676 Westdel, $674,900 $655,000 72
2006-09 4249 Colonel Talbot Rd, $289,900 $289,900 10

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity Detached

Sale activity

London :

Properties sold
Average sale price
New Listings
Year on Year Growth

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 2424 Main St

Based on available 3rd party data

$4811

Approximate costs per month

Mortgage
$4238 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$437 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker OAK AND KEY REAL ESTATE BROKERAGE, INC.
Data Source: TRREB

Payment calculator

$4676 monthly. In association with: TD Bank
%
  • Principal and Interest
    4238 /mo
  • Property Taxes
    $437 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ben Pourkamali, Realtor

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