We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
675 YORK STREET, LONDON
2024-05-29
Quick Summary
- Location
- 675 YORK STREET, LONDON, Ontario N5W2S6
- Price
- $4,500,000
- Status:
- For Sale
- Property Type:
- Business
- Area:
- 36389ft2
MLS®#X8382380
Property Description
Prime Real Estate is pleased to present 675 York Street, a 36,389 SF industrial investment or\r\nowner-occupier opportunity near downtown London. The Property sits on just over 2 acres with a 1+ acre\r\nfenced yard. RSC 2, 4(26), and 5, offer a broad range of permitted uses. 11,270 SF is occupied by a\r\nmajor telecom carrier providing bonus income through a Managed Services Agreement. With conservative\r\nassumptions, this property offers a going-in cap rate of 8.50%+. Recent upgrades include a new roof\r\nover part of the building, 2 industrial generators costing over $1M, completely upgraded building\r\ncontrols, and fire sprinklers/suppression. 25,119 SF and the fenced yard is vacant with the majority\r\nhaving an 18'6"" clear height. Full data room access is available upon the completion of a\r\nconfidentiality agreement. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Hospital
Building
- Basement Type: Partial
- Exterior Finish: Concrete, Steel
- Fireplace: No
- Interior Size: 36389 sqft
- Utility Water: Municipal water
Land
- Land Size: Unit=480 Acre ; 225.91 ft x 9.69 ft x 480.28 ft x 154.08 ft x 102.|2 - 4.99 acres
- Sewer: Sanitary sewer
Zoning
- Description: RSC2 RSC4(26) RSC5
Information entered by PRIME REAL ESTATE BROKERAGE
Listing information last updated on: 2024-09-13 19:20:32
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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- Email:
- patrick.lexima@gmail.com
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- Email:
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- Phone:
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- Email:
- benlind_d@hotmail.com
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