124 Rectory Street
East L, London
$619,900
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Home Details
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Listing Description
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:39198)
Corner Site, Visual exposure, Sump Pump
City: London
Neighborhood: East L
Rooms
Room dimensions for 124 Rectory Street, London
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About 124 Rectory Street, London
Located at 124 Rectory Street , this London house is available for sale. This property was listed for $619,900 on Mon May 06 2024. This house's size is 2100.0000 Sqft. It has 2 bedrooms and 1 bathroom. The property includes the following rooms: Bedroom, Primary Bedroom, 3pc Bathroom, Kitchen, Living room. This property comes with 5 parking spots. 124 Rectory Street, London is situated in the East L neighbourhood.
MLS#: 40567532 · $619,900 · 2 bedroom house in East L, London