Brokered by: SUTTON GROUP PAWLOWSKI & COMPANY REAL ESTATE BROKERAGE INC.
MLS® ID 241120
$1,500,000.00 FOR SALE |
Building and Land
MIXED / Postal Code: N6B 3H7
Lot Size: MUST BE SOLD W/433, 435, 429, 427 ADELAIDE ST.
West / Water Front:
Beds Above: / Beds Below:
Downtown, Hi-Traffic Loc, ANCHOR, Public Transit, Shopping Nearby
Exterior Features/Add. Buildings:
WORKSHOP, See Remarks
Lane/Alley, Mutual/Shared /
Electricity, Natural Gas, Public Transit, Recycling Pickup, Street Lights
Description: RARE FIND?. Core area Re-Development opportunity. Original owners since 1939. Approx. 16,020 sqft (.37acres) offering many uses - Potential High-Rise development opportunity with commercial & retail uses. 5 properties total package including 3 single family homes, active manufacturing shop & vacant warehouse. City of London owned lane/alley south & east side of the property. Approx. rental income $45 k/yr. Value here in the land. Adjacent properties may also be available for redevelopment. Properties sold in As Is condition. Quick closings preferred with 60-90 days.
Directions/Near: DO NOT GO DIRECT. ADELAIDE ST. N. BETWEEN QUEENS AVE & DUNDAS ST. NW CORNER. SIGN IS ON PROPERTY. /