For SaleCommercial Retail

642 Richmond Street

Name: 642 Richmond Street
Brand: AVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP
Price: 665000 CAD
Availability: InStock

London East - East F

642 Richmond Street

London East - East F

$679,999

Listed For $665,000

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Added 6 months ago

- Garage Garage

Description

642 Richmond Street offers a prime mixed-use opportunity that is ideal for both investors and owner occupiers in the heart of Richmond Row. The site is high exposure and is visible to over 25,000 cars a day. The property features a 1,088 sf main floor commercial space, an870 sf lower level, and a leased 664 sf second-floor apartment generating $1,900/month. A third-floor loft remains undeveloped, offering future potential. Rear laneway access connects to Wellington Street and provides 2-3 parking spaces.

Key facts for 642 Richmond Street

Tax$16,995.1 / 2024

Property TypeCommercial Retail,

Lot Size87 x 25 Feet

Size3286 ft²

Listing #X12553024

Days on Market--

Listing BrokerageAVISON YOUNG COMMERCIAL REAL ESTATE SERVICES, LP

Data SourcePROPTX

Inquire with Realtris

(866) 511-7171

info@realtris.ca

Mortgage Calculator

Home Price

Amortization

Interest Rate

Down Payment

* Values are estimates only and not a guarantee of lending or affordability.

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Cash Flow Analysis

Est. Mortgage Payment

$3,247/mo

Monthly Expenses & Income

Property Tax

Maint. / Fees

Est. Rental Income

$-2.5% net yield

Net Monthly Cash Flow-$4,638

Inquire with Realtris

(866) 511-7171

info@realtris.ca

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