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 |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
SUTTON GROUP - SELECT REALTY |
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Type: | Com - Office |
Area: | Middlesex |
Municipality: | London East |
Neighbourhood: | East F |
Tax: | $18,542 |
Baths: | 4 |
Fireplace: | N |