John DiRenzo, Sales Representative • Phone: 519-857-3490 • https://www.homechannel.ca RE/MAX Centre City John DiRenzo Team Brokerage

124 Rectory Street, London, ON, N5Z 2A1 | MLS 40567532: For Sale

London Real Estate Listings - (More Available) | London Real Estate - (More Homes) | London Real Estate - (More Condos)
124 Rectory Street, London

Brokered by: STREETCITY REALTY INC., BROKERAGE

MLS® ID 40567532

$619,900.00 For Sale | Residential

FOR SALE
Type: Residential Two Story
Property Type: Single Family Residence
MLS® District: London / East
County: Middlesex
Postal Code: N5Z 2A1
Style: Two Story
Year Built: 1970
New Construction Y/N:  No
Bedrooms:  2 / 0
Bedrooms Total:  2
Bathrooms:  1 / 0
Total Bathrooms:  1
Kitchens Total:  1
Rooms Total:  5


     
Cross Street: VAN STREET
Directions: NORTH ONTO RECTORY FROM HAMILTON ROAD
Exterior Features: Private Entrance
Interior Features: High Speed Internet,Accessory Apartment,Ceiling Fan(s),Solar Owned,Ventilation System
Appliances:  Water Heater,Dryer,Refrigerator,Satellite Dish,Stove,Washer
Inclusions:  Dryer,Refrigerator,Satellite Dish,Stove,Washer,Other,See Appendix A
Exclusions:  See Appendix A
Lot Depth:  97.42
Lot Size: 97.42 x 30.08 30.08  Fronting: East
Lot Size Square Feet:  2918.52
Lot Size Acres:  0.067 Acres
Lot Features:  Urban,Irregular Lot,Ample Parking,Corner Lot,Library,Playground Nearby,Public Parking,Public Transit,School Bus Route,Schools,Shopping Nearby,Trails,Visual Exposure
Acres Range:  < 0.5
Topography:  Flat Site

Parking Features:  Concrete
Driveway Parking:  Private Drive Triple+ Wide,Visitor Parking
Parking Total:  5
Open Parking Y/N:  true
Open Parking Spaces:  5

Building Area Total Aprx.:  2100 Square Feet
Finished SqFt Aprx. (Above Grade):  2100 Square Feet
Laundry Features:  In-Suite,Upper Level
Exterior: Vinyl Siding
Roof:  Asphalt Shing,Solar
Basement:  Development Potential,Full,Partially Finished,Sump Pump
Sewer:  Sewer (Municipal)
Water:  Municipal
Heating:  Forced Air
Cooling:  Central Air
Fireplace Y/N:  false
Crops Included Y/N:  No
Electric On Property:   true
WaterFront Y/N:  No
Utilities:  Cable Available,Cell Service,Electricity Connected,Garbage/Sanitary Collection,Natural Gas Connected,Recycling Pickup,Street Lights,Phone Connected
Foundation Details:  Concrete Block,Poured Concrete
Road Frontage Type:  Public Road
Other Equipment:  Satellite Dish
Common Elements Fee Y/N:  false

Remarks: 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 needsof the immediate neighbourhood. Currently operating as an established turn-key restaurant offering licenseddine-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 sumppumps, the waterproofing comes with a 10 year worry free warranty. The completely refaced bar and dining roomoffers an inviting and cozy experience for customers.The current owner-occupied upper apartment provides easy access to your personal area while operating yourbusiness. It has 2 spacious bedrooms, a very large family room with a sloped ceiling that only adds to the charm ofthis generous space. Fully equipped with stacking washer/dryer, stainless steel fridge with lower freezer and a gasstove that has been gently used. If living on site isnt your thing, it is no problem rent it out and earn a bit ofrevenue as the apartment can be self-contained with its outside entrance that is perfect for a young professionalcouple or small family.There is onsite parking for 5 vehicles.If all of that isnt enough, you can even generate passive income when you assume the solar panel contract.


Rooms & Sizes
Room Level Size
[Living Room]   Second  6.10 X 3.96 Metric 
[Kitchen]   Second  2.74 X 3.05 Metric 
[Bathroom] 3-Piece  Second   
[Bedroom Primary]   Second  3.94 X 3.84 Metric 
[Bedroom]   Second  5.28 X 2.95 Metric 

Nearby Schools - What's For Sale Near?


Contact Us!

124 Rectory Street, London ON N5Z 2A1 | MLS ID® 40567532
For More Information or Schedule a Showing, send John a Message or Call 519-857-3490
John DiRenzo, Sales Representative | RE/MAX Centre City John DiRenzo Team Brokerage


capt
Please Note: We do not distribute your personal information to 3rd parties.


For Sale In The Area | 124 Rectory Street London | MLS® ID 40567532

124 Rectory STREET
$619,900.00
124 Rectory Street
London
MLS® ID 40567540

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-keyrestaurant 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, basementwaterproofing with 2 brand new sump pumps, the waterproofing comes with a..  124 Rectory Street..

Brokered by: Streetcity Realty Inc., Brokerage

140 Rectory STREET
$499,900.00
140 Rectory Street
London
MLS® ID 40569033

Amazing triplex in the heart of London, close to Downtown & tons of amenities. This great investment opportunity offers ample parking, fenced backyard, separate hydro meters, separate entrances to each of the units and parking on both sides of the property. Unit 1 is a 1 bedroom + den and pays $745.94 monthly and is currently month to month. Unit 2 is a one bedroom + den that pays $783.00 monthly and is month to month. Unit 3 is a two bedroom that pays $1750.00 monthly and is currently leased until January 2025. None of the units are in the basement! Zoning permits an ADU, providing even great..  140 Rectory Street..

Brokered by: Thrive Realty Group Inc.

106 Rectory STREET
$339,999.00
106 Rectory Street
London
MLS® ID 40591182

Welcome to 106 Rectory Street, a charming 2-storey detached home nestled in the heart of London. This inviting property is ideal for both savvy investors seeking alucrative opportunity and frst-time homebuyers looking to settle into acomfortable home. Boasting 3 bedrooms and 1.5 bathrooms, this residence offers ample space for families to thrive and guests to feel welcomed. The thoughtful layout maximizes functionality and comfort, creating an atmosphere of warmth and relaxation. Step inside to discover a host of recent upgrades, including a new furnace (2021)and a durable metal roof (2021). A..  106 Rectory Street..

Brokered by: Davenport Realty Brokerage

416 Hamilton ROAD
$599,000.00
416 Hamilton Road
London
MLS® ID 40527632

VERY SUCCESSFUL WELL ESTABLISHED PIZZA BUSINESS FOR SALE WITH BUILDING. THE COMMERCIAL BUILDING CONSIST OF APPROXIMATELY 1100 SQ FEET MAIN FLOOR PLUS ABOUT 800 SQ FEET OF DRY BASEMENT. ALL EQUIPMENTS AND CHATTELS INCLUDED IN SALE PRICE. THIS IS A TURN KEY INVESTMENT...  416 Hamilton Road..

Brokered by: Century 21 First Canadian Corp., Brokerage