For Sale

434-436 Clarence Street Unit# 434, London, Ontario N6A3M8

$1,100,000

434-436 Clarence Street Unit# 434, London, Ontario N6A3M8 is For Sale and has a listing price of 1,100,000. The property is located in the neighbourhood. It's been on the website for 279 Days.

  • Retail
    Property Type
  • 3
    Parking Spaces
  • MLS ID: X8204570
  • Office Name ROYAL LEPAGE TRILAND REALTY
Property Description

Very Attractive Mixed use property on Clarence street between Dundas and Queen Avenue. The property consists of two main floor retail/restaurants, one 2nd floor apartment and one 2nd floor retail/office. Total gross floor area of approx 4,939 sq ft on 5,403 sq ft of land. Nooners restaurant – approx 2,710 sq ft pays $2,500 per month plus utilities. WOW Shwarma – approx 1,190 sq ft paying $2,180 per month plus utilities. 2nd level Berkana Salon approx 387 sq ft paying $800 per month plus hydro. 2nd level apartment approx 571 sq ft paying $1,000 plus hydro. All Tenants paying well below market value. Projected Gross income approx $115,000.00 annually. Lots of upside to this property. (id:43137)

Property Details
  • MLS ID: X8204570
  • Price: $1,100,000
  • Transaction Types: For Sale
  • Ref ID: 26707971
  • Year Built: N/A
  • Property Type: Retail
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
04/04/2024 X8204570 $1,100,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London
  • $721,044 Average List Price
    based on 1 year
  • 309 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 239.46 % Up
  • Sold (12mo) 1,290
  • Rented (12mo) 314

  • 1 Month Change -11.4%
  • 3 Month Change +3.1%
  • 6 Month Change +4.0%
Walkscore
  • 50 Walk Score
    Car-Dependent
  • 73 Transit Score
    Excellent Transit
  • 75 Bike Score
    Very Bikeable
Property Type Distribution
  • All Houses
    71.96%
  • Commercial
    4.1%
  • Condo
    23.82%
  • Land for Sale
    0.11%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Partially Air Conditioned
  • Total Parking Spaces: 3
  • Property Features Irregular Lot Size
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 04/04/2024 00:00:00
  • Zoning Business Commercial
  • Agent Name: JAMIE HANKE
  • Last Updated: 31/10/2024 19:21:10
Open House Dates
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