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107 Days on Market

973 Gainsborough Rd, London, Ontario N6H 5L4

$924,900
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Other
-
-
~2374 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$389/sqft

Days On Market107 days

Est. Mortgage$3,972/mth

Tax Amount (2023)$4,573/yr


Description

Located at the center of the growing Hyde Park commercial district with a diverse business community, this property is within minutes from a large shopping mall with high volume of commercial traffic on a daily basis. This BDC-zoned property is also adjacent to the fastest growing residential community in the City of London with a robust and growing demographic. With 6 parking spots on the property, multiple parking spots along the Gainsborough Rd, and the potential to add more onto the spacious property(61'x182' approx), this property has the space to accommodate commercial potential it has been gifted with. With a square footage of 2,374, this property has a 2-bedroom apartment and a retail store. The main floor has a seperated office/retail space that can serve another commercial purpose. The basement with a separated walk-up entrance has the potential to be finished and turned into another 2-bedroom apartment. The property currently has two 100-amp breaker panels, a new forced-air furnace and central air unit, a new hot water tank, updated ABS plumbing, and a waterproofed and insulated basement, newly installed vinyl floorings on the main floor and second floor. Looking for a booming area for your business to call home? Or searching for a property where you can take your home business to the next level? This is the opportunity you don't want to miss.


Property Details

StyleCommercial Sale
View-
Age of property1930
SqFt~2374 SqFt
Lot Size11,203 SqFt(183 x 61.22)
Parking Spaces6
MLS ®Number40533790
Community NameHyde Park
Board NameITSO

Features

Basement: Full

Features

Lot size: 11,203 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

Now
Listed for$924,900
107 days on market
history photo preview38
Now
Listed for$924,900
107 days on market
history photo preview37
Apr 20, 2023
Sold for$•••,•••Listed for$799,950
265 days on market
history photo preview37
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Property listed by SUTTON GROUP - FORWARD REALTY, Brokerage
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