2 Bedroom
1 Bathroom
2100
2 Level
Central Air Conditioning
Forced Air
$619,900
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:37319)
Property Details
MLS® Number
|
40567532 |
Property Type
|
Single Family |
Amenities Near By
|
Playground, Public Transit, Schools, Shopping |
Communication Type
|
High Speed Internet |
Community Features
|
School Bus |
Equipment Type
|
Water Heater |
Features
|
Corner Site, Visual Exposure, Sump Pump |
Parking Space Total
|
5 |
Rental Equipment Type
|
Water Heater |
Building
Bathroom Total
|
1 |
Bedrooms Above Ground
|
2 |
Bedrooms Total
|
2 |
Appliances
|
Dryer, Refrigerator, Satellite Dish, Stove, Washer |
Architectural Style
|
2 Level |
Basement Development
|
Partially Finished |
Basement Type
|
Full (partially Finished) |
Constructed Date
|
1970 |
Construction Style Attachment
|
Detached |
Cooling Type
|
Central Air Conditioning |
Exterior Finish
|
Brick, Vinyl Siding |
Fireplace Present
|
No |
Fixture
|
Ceiling Fans |
Foundation Type
|
Block |
Heating Type
|
Forced Air |
Stories Total
|
2 |
Size Interior
|
2100 |
Type
|
House |
Utility Water
|
Municipal Water |
Parking
Land
Access Type
|
Road Access |
Acreage
|
No |
Land Amenities
|
Playground, Public Transit, Schools, Shopping |
Sewer
|
Municipal Sewage System |
Size Depth
|
97 Ft |
Size Frontage
|
30 Ft |
Size Irregular
|
0.067 |
Size Total
|
0.067 Ac|under 1/2 Acre |
Size Total Text
|
0.067 Ac|under 1/2 Acre |
Zoning Description
|
Cc |
Rooms
Level |
Type |
Length |
Width |
Dimensions |
Second Level |
Bedroom |
|
|
17'4'' x 9'8'' |
Second Level |
Primary Bedroom |
|
|
12'11'' x 12'7'' |
Second Level |
3pc Bathroom |
|
|
Measurements not available |
Second Level |
Kitchen |
|
|
9'0'' x 10'0'' |
Second Level |
Living Room |
|
|
20'0'' x 13'0'' |
Utilities
Cable
|
Available |
Electricity
|
Available |
Natural Gas
|
Available |
Telephone
|
Available |
https://www.realtor.ca/real-estate/26717623/124-rectory-street-london