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:56069)
| MLS® Number | X11968374 |
| Property Type | Retail |
| Neigbourhood | Central London |
| Community Name | East K |
| Parking Space Total | 8 |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Radiant Heat |
| Size Interior | 10,000 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Size Frontage | 41 Ft |
| Size Irregular | 41 Ft |
| Size Total Text | 41 Ft |
| Zoning Description | Da1 |
7 public & 6 Catholic schools serve this home. Of these, 10 have catchments. There are 2 private schools nearby.
3 trails, 1 rink and 2 other facilities are within a 20 min walk of this home.
Street transit stop less than a 1 min walk away. Rail transit stop less than 1 km away.
Unfortunately this location does not yet exist in Google Street View.
https://www.realtor.ca/real-estate/27904465/145-king-street-london-east-k
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Callista Tryon
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(519) 633-0600
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