519 Oxford Street, London East, ON Image 1

$899,900

Office For Sale
MLS - #X12137636
May 13- By SUTTON GROUP - SELECT REALTY

519 Oxford Street, London East, ON N5Y 3H8

Bed
4 Bath
3089 Sqft.
None Garage

Property Description

Property type

Office

Lot size

N/A

Style

Approx. Area

3089 Sqft

About 519 Oxford Street

MIXED USE OPPORTUNITY! 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 RESIDENTIAL 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.

Home Overview

Last updated

May 13

Virtual tour

None

Basement information

Building size

3089

Status

In-Active

Property sub type

Office

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Open
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
89990000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 519 Oxford Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3437.01/ month

Some information about this property - Oxford Street

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