A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, building for 273 Thompson Rd, London South Ontario N5Z 2Z3
17 days on Market

273 Thompson Rd, London South, Ontario N5Z 2Z3

Other
-
8
~6092.37 sqft
$799,000
Get pre-qualifiedPowered by nesto
Other
-
8
~6092.37 sqft

Contact us about this property

Call

Highlights

Property Estimate

Days on market17 days

Estimated valueNot available

Price/Sqft$131/sqft

Monthly cost

Open Calculator

Description

Excellent opportunity to own a Multiple use commercial unit currently being used as a boarding house with CC1 and R11 zoning permitting convenience store, office, dental, professional, Personal or convenience service, Bank or other financial Institution, combined use of residential cum commercial also possible. Turnkey investment opportunity producing exceptional income. Presently well maintained by Professional property management company- Licenced 9 bedroom lodging house with 7 one-bedroom units with 7 bathrooms and a shared kitchen and 1 two-bedroom unit with its own kitchen, bathroom and living room. Currently fully leased. Roof 2021, HVAC 2019, wiring 2019, plumbing 2019, coin operated laundry 2020. Large lot with possibility to split add ARU. Reliable Cash Surplus investment.


Property Details

StyleMulti-Use
View-
Age of property51-99
SqFt~6092.37 SqFt
Lot Size6,115 SqFt(152.8 x 40.02)
Parking Spaces10
MLS ®NumberX12783292
Community NameGlen Cairn
Data SourceTRREB
Listing byCENTURY 21 PEOPLE`S CHOICE REALTY INC.

Features

Heating: Gas Forced Air Closd
Cooling: Y
Basement: Y

Features

Lot size: 6,115 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC., Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Market Data - Glen Cairn

Geo Zone Map ThumbnailGlen Cairn

Buyer's Market

View Market Data

Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

32 days

Compared to

2025

62 days

2024

36 days

2023

35 days

New Listings

Past 30 days

37 listings

Compared to

2025

24 listings

2024

29 listings

2023

23 listings

Units sold

Past 30 days

9 units

Compared to

2025

9 units

2024

21 units

2023

17 units

Median Sold Price

Past 30 days

$469,900

Compared to

2025

$561,000

2024

$447,900

2023

$416,000


Population and Demographics

Overview

Total population 16270
Average household income $88,351

Age (%)

0 to 19
25%
20 to 34
20%
35 to 49
19%
50 to 64
21%
65 and plus
16%

Household composition (%)

Single family
63%
Single person
31%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
81%
Spanish
4%
Arabic
4%
Others
3%
Polish
2%
Portuguese
2%
Italian
1%

House tenancy (%)

Owners
62%
Renters
38%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget