Located in the heart of downtown London, 143-145 King Street is a fully tenanted, mixed-use commercial property offering an exceptional investment opportunity. Zoned DA1(6)*D350, this turn-key building features one commercial unit spanning 4,500 square feet, along with eight residential units, consisting of four one-bedroom and four studio apartments. The property also includes eight parking spots at the rear of the building. Each residential unit is independently metered for hydro and equipped with its own hot water tank. With a gross annual rental income of $160,044, the property delivers a strong return on investment with significant potential for future growth. Positioned in a high-traffic area, it is ideally located near major downtown attractions such as Canada Life Place, Covent Garden Market, VIA Rail, restaurants, bars, and shopping. Situated within the Downtown Heritage Conservation District, this property seamlessly blends historical charm with modern investment potential, making it a valuable addition to any savvy investors portfolio. (id:52316)
ROYAL LEPAGE TRILAND REALTY
$1,699,000
145 KING STREET, London, Ontario
10000 Sqft
Property
MLS® Number: X11968374
Address: 145 KING STREET
City: London
Utilities
Central Air: Yes
Heating: Radiant Heat
Parking
Parking Spaces: 8
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Property Sale History
Travel and Neighbourhood
97/100Walk Score®
Walker's Paradise
Location
