616 Dundas Street E, London East, ON N5W 2Y8 (Dundas St and Adelaide Rd)

Price : $350,000.00 , MLS®# : X12815340

Description

Old East Village gem ready for your elegant touches: Welcome to 616 Dundas St. Have you wanted to be the master of your destiny by operating a successful business in a vibrant part of the City, while you and your family enjoy a spacious onsite residence right above? It really is the Canadian dream--and you can have it--in Downtown London, Ontario! Called the Forest City, it is designated as one of Canada's top cities due to it's leafy tree-lined streets, world class hospitals and top University & College! This property is located just steps from the birthplace of insulin; Sir Frederick Bantings' Museum; The Western Fair District & Kelloggs Entertainment Hub. Acquire this unique property complete with 2 stores, operate them separately or together. Some miscellaneous items remain from when the previous shopkeeper had Gifts & More, and these are included. There are also two basement level spaces with separate front street access which can be used as storage or rented out. Upstairs find a spacious 2 bedroom residence with 1 bath and a large living space plus roomy dining/office combo plus with an upper level deck for recreational use. Out back there is plenty of parking accessed by a private lane. This property needs a little love and some elbow grease, but once done, it can be, again, one of London's most significant retail spaces! Ask about the cities' loans and grants like: Façade Improvement Loan; Upgrade to Building Code Loan; Core Area Safety Audit Grant; Rehabilitation and Redevelopment Tax Grant; Residential Development Charges Grant. This is a lovely retail/residential property and is a must see! Book your viewing today.

Location Description

Dundas St and Adelaide Rd

Property Details
  • Community: East G
  • Property Type: Vacant/Residential Freehold
  • Bedrooms: 2
  • Bath: 3
  • Garages: None
  • Annual Property Taxes : $ 7500
Building Features
  • Foundation Type: Concrete Block
  • Counstruction Material : Brick-Stone
  • Total Parking Space : 6
  • Parking Type : None
Building Features
  • Heating : BaseboardElectric
  • Sewer : Sewer ,
Land (Lot Features)
  • Frontage: 25.06 sq.ft
  • Land Depth: 120.3sq.ft

Listing Contracted With: THE REALTY FIRM INC.