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Aloysius Okafor

Sales Representative
CENTURY 21 Paramount Realty Inc., Brokerage Independently owned and operated. 8550 Torbram Rd Unit 4, Brampton, Ontario L6T5C8 Cell: 647-890-0712Office: 905-799-7000Fax: 905-799-7001

$899,900
Available - For Sale
Listing ID: X12137636
519 Oxford Stre East , London East, N5Y 3H8, Middlesex


You're a smart business owner: you know that having your business on a high-visibility corridor with a traffic count of 33,000 car per day makes sense. You recognize the value in owning a mixed-use property with OC4 AND R3 Zoning, a professional office already set up with 2 large and private office/treatment rooms (each with their own private entrances as well as being accessible from the reception area), a separate reception area as well as 2 additional treatment rooms or offices on the main floor. The upper floors contain 2 apartments with their own private entrances and this added income reduces your operating costs allowing you to focus on what you do best: running your business. Built in 1910 and nicely updated over the years, this building encompasses a total floor area of 3,089 sq. ft. , including 1,081 sq. ft of interior office space on the main floor. The building sits on a 0.19-acre lot measuring 50' x 161.75' and features parking for approximately 10 vehicles. Main Floor Features: four professional offices, one of which can be separated into a self-contained practice w/its own entrance and washroom; a welcoming reception area and waiting room; accessible washroom and storage room. Upper Floors: on the second floor a recently renovated (2022) one-bedroom, one-bath residential unit with private balcony; and on the second/third floors another one-bedroom, one-bath unit. Additional Highlights: signage allowed with municipal permit; updated HVAC, plumbing, and electrical systems (2012); exterior updates including triple-pane windows, shingles, eaves, and downspouts (2012), and decking (2014); Forced air gas furnace and central air. This property presents a solid redevelopment, owner-occupied, or investment potential. Ideal for professionals seeking office space with supplementary residential income or those looking to reposition a well-located property in a growing urban market. Full investment package available upon request.
Price $899,900
Taxes: $18542.00
Tax Type: Annual
Assessment Year: 2024
Occupancy: Owner+T
Address: 519 Oxford Stre East , London East, N5Y 3H8, Middlesex
Postal Code: N5Y 3H8
Province/State: Middlesex
Directions/Cross Streets: Oxford and Adelaide
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Office
Use: Professional Office
Building Percentage: T
Total Area: 3089.00
Total Area Code:  Square Feet
Office/Appartment Area: 2997
Office/Appartment Area Code: Sq Ft
Area Influences: Public Transit  
Sprinklers: Part
Washrooms: 4
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Personal Picture
Aloysius Okafor
Sales Representative
Dir:
647-890-0712
Bus:
905-799-7000
Fax:
905-799-7001
 
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At a Glance:
Type: Com - Office
Area: Middlesex
Municipality: London East
Neighbourhood: East F
Style:
Lot Size: x 161.75(Feet)
Approximate Age:
Tax: $18,542
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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