124 Rectory Street, London
124 Rectory Street, London
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45 Photos
- Bedrooms: 2
- Bathrooms: 1
- Living area: 2100 sqft
- MLS®: 40567532
- Type: Residential
- Added: 20 days ago
Property Details
Why rent or lease when you could own and generate multiple revenue streams with only one investment. With CC zoning this property offers a range of commercial uses which services the day-to-day convenience needs of the immediate neighbourhood. Currently operating as an established turn-key restaurant offering licensed dine-in for 30 seats. Upgrades and improvements over the past two years which include a new central air unit, electrical and fixtures, 30-gallon grease trap, stainless steel counter tops, vinyl siding, basement waterproofing with 2 brand new sump pumps, the waterproofing comes with a 10 year worry free warranty. The completely refaced bar and dining room offers an inviting and cozy experience for customers. The current owner-occupied upper apartment provides easy access to your personal area while operating your business. It has 2 spacious bedrooms, a very large family room with a sloped ceiling that only adds to the charm of this generous space. Fully equipped with stacking washer/dryer, stainless steel fridge with lower freezer and a gas stove that has been gently used. If living on site isn’t your thing, it is no problem rent it out and earn a bit of revenue as the apartment can be self-contained with its outside entrance that is perfect for a young professional couple or small family. There is onsite parking for 5 vehicles. If all of that isn’t enough, you can even generate passive income when you assume the solar panel contract. (id:1945)
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Property Information
- Sewer: Municipal sewage system
- Cooling: Central air conditioning
- Heating: Forced air
- Stories: 2
- Basement: Partially finished, Full
- Utilities: Natural Gas, Electricity, Cable, Telephone
- Year Built: 1970
- Appliances: Washer, Refrigerator, Satellite Dish, Stove, Dryer
- Directions: NORTH ONTO RECTORY FROM HAMILTON ROAD
- Living Area: 2100
- Lot Features: Corner Site, Visual exposure, Sump Pump
- Photos Count: 45
- Water Source: Municipal water
- Lot Size Units: acres
- Parking Total: 5
- Bedrooms Total: 2
- Structure Type: House
- Common Interest: Freehold
- Parking Features: Visitor Parking
- Subdivision Name: East L
- Tax Annual Amount: 4160.26
- Exterior Features: Brick, Vinyl siding
- Community Features: School Bus
- Foundation Details: Block
- Lot Size Dimensions: 0.067
- Zoning Description: CC
- Architectural Style: 2 Level
Room Dimensions
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