446 York Street, London, ON Image 1

$1,400,000

Investment For Sale
MLS - #X10874942
Mar 20- By CBRE LIMITED

446 York Street, London, ON N6B 1R2

Bed
Bath
0.22 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

0.22 Sqft

About 446 York Street

This single tenant insurance investment opportunity is a premium quality medical facility in the core area with high-end medical-office-building standard finishes throughout. The 3,800 SF single-storey building was stripped to the exterior shell and totally re-built in 2022-2023 with a renovation cost of approximately $1,760,000. Renovations included new HVAC system with individual temperature settings per room, multiple staff & patron washrooms, key fob alarm system on all doors throughout the facility, commercial grade vinyl flooring, 400 Amp electrical, fenced asphalt paved parking at the front of the building for 8 vehicles and LED light poles. RSC zoning allows a wide variety of service commercial uses in addition to the current medical use. The investment is secured by a 10 year fully Net Lease expiring in 2031 with 2 x5 year renewal options.

Home Overview

Last updated

Mar 20

Virtual tour

None

Basement information

Building size

0.22

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

2023

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
140000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

Walking Icon

Walk Score for 446 York Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$5347.05/ month
$1,120,000 Principal and Interest

Some information about this property - York Street

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