2424 Main St
South V, London South
$1,175,000
Buy with Dwelly and Save $11,750
Home Details
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Listing Description
Welcome to 2424 Main St, a prime property located in the heart of Lambeth, Ontario. This stunning corner lot offers incredible versatility and curb appeal, making it a perfect opportunity for investors, entrepreneurs, or anyone seeking a unique live-in option. Situated along bustling Main Street and just minutes from Highways 402 and 401, this location provides unmatched accessibility and visibility, with approximately 15,000 vehicles passing by daily.The property features highly versatile BDC (Business District Commercial) zoning, allowing for almost endless potential uses, from retail and office spaces to mixed residential and commercial purposes. Recently updated from top to bottom, the interior boasts modern finishes throughout and a flexible layout that can suit a variety of needs. The property can be used entirely for commercial purposes or divided into income-producing units, with the option to separate the main and lower levels. While the lower unit is currently non-conforming, it offers tremendous potential for a variety of uses. Multiple entrances enhance the functionality, allowing for easy access to both floors. Inside, the space includes four bathrooms, designed to accommodate a wide range of uses.The large lot offers ample on-site parking, ideal for businesses or tenants, while its prominent location along Main Street ensures high visibility for commercial endeavors. Whether youre looking to operate your business, create a dual-purpose property, or simply make a smart investment, 2424 Main St delivers exceptional potential.
Kitchen/Kitchenette Appliances, Washer, Dryer, Electric Fireplace
City: London South
Neighborhood: South V
Property History
Rooms
Room dimensions for 2424 Main St, London South
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 2424 Main St is 6230
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $1175000 |
| Down Payment | $235000 |
| Mortgage Insurance | $0 |
| Total Mortgage | $940000 |
Monthly Payment
| Mortgage Payment | $5793 |
| Property Taxes | $438 |
| Maintenance Fees | $0 |
| Monthly Payment | $6230 |
Sold Comparables
Sold Comparables homes near 2424 Main St, London South
About 2424 Main St, London South
Located at 2424 Main St , this London South house is available for sale. This property was listed for $1,175,000 on Fri Jun 06 2025. This house's size is 3000-3500 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 14 parking spots. 2424 Main St, London South is situated in the South V neighbourhood.
MLS#: X12201616 · $1,175,000 · 5 bedroom house in South V, London South