350 Hamilton Road, London East (East L), Ontario, N5Z1R5




$1,400,000
London East
This retail property in London East is for sale offering roughly 5,100 sq ft of space. It has been on the market 27 days, fresher than the London East average of 70 days.
Prime mixed-use commercial property with great exposure on a high traffic volume street. Excellent investment opportunity for your portfolio or owner operated with the added bonuses of running the business from home. Zoned BDC allowing for a number of different uses including service & repair establishments, retail, convenience establishments, craft brewery, offices and more. 3 buildings - Showroom with warehousing totaling approx 5,000sqft, office building with a 1 bedroom and 2 bedroom apartment, and a third building with the potential for another storefront or additional residential unit. Longterm tenants in the 1 and bedroom units that would like to stay. Updates throughout the years including roofs, residential units, showroom and more. 3 phase on two of the buildings. 16 parking spots on site. Hamilton Road has an estimated 24,000 daily commuters offering great visibility for your business. Great location with quick access to Hwy 401. Buyer to due their own due diligence on zoning and allowances. Please contact Listing Agent and do not go direct. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 27 days on market, against an average age of 70 days across the listings currently for sale in this city
This retail in London East (East L) has been listed for 27 days, which is 43 days fresher than the city average of 70. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,400,000, about 21.7× the local median household income of $64,500.
Carrying it typically needs a household income of about $273,469 (20% down, 25-yr amortization, stress-tested) — roughly 324% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5Z)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →