675 YORK St

London | East L | N5W 2S6
  • 36389.0 sqft
  • 0 gar

$4,500,000

Est. Mtg $15,258 /mo
  • Days on market

    130

  • Status

    A

Listing Broker PRIME REAL ESTATE BROKERAGE
Since listed: 2 views

Home details

MLS #:

X8382380

Property type:
Sale Of Business
Style:
Taxes:
$37,638
Possession:
See remarks.
Condo Fee:
Lot Size:
480.0 X
Zoning:
RSC2 RSC4(26) RSC5
Use:
Heat:

Description


675 YORK St, , London, Ontario is a Sale Of Business property in London and in the East L community in the N5W 2S6 postal code


Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or owner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre fenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a major telecom carrier providing bonus income through a Managed Services Agreement. With conservative assumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof over part of the building, 2 industrial generators costing over $1M, completely upgraded building controls, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority having an 18'6" clear height. Full data room access is available upon the completion of a confidentiality agreement..

Extras

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Payment calculator

$18395 monthly. In association with: TD Bank
%
  • Principal and Interest
    15258 /mo
  • Property Taxes
    $3136 /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

Hamid Shahsavar, Realtor

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