Unknown for 2424 Main St, London Ontario N6P 1R2
2 days on Market

2424 Main St, London, Ontario N6P 1R2

Detached
5 + 1
4
~3000-3500 sqft
$1,250,000
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Detached
5 + 1
4
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$387/sqft

Est. Mortgage$5,368/mo

Tax Amount (2024)$5,254/yr

Days On Market2 days


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.


Property Details

Style2 1/2 Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size8,813 SqFt(205.53 x 42.88)
Parking Spaces14
MLS ®NumberX11943986
Community NameLambeth
Data SourceTRREB
Listing byOAK AND KEY REAL ESTATE BROKERAGE, INC.

Features

Heating: Radiant
Fireplace
Basement: Finished

Features

Lot size: 8,813 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 14


Property History

Jan 28, 2025
ListedActive
$1,250,000
2 days on market
history photo preview40
Listing by trreb®
Property listed by OAK AND KEY REAL ESTATE BROKERAGE, INC., Brokerage
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Population and Demographics

Overview

Total population 4274
Average household income $152,400

Age (%)

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

Household composition (%)

Single family
77%
Single person
21%
Multi person
1%
Multi family
0%

Mother tongue (%)

English
86%
Others
5%
Arabic
3%
Punjabi (Panjabi)
2%
Spanish
1%

House tenancy (%)

Owners
83%
Renters
17%

Schools and amenities

Estimated Budget