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580 WATERLOO STREET, London East (East F)
2025-08-13
Quick Summary
- Location
- 580 WATERLOO STREET, London East (East F), Ontario N6B2P9
- Price
- $1,179,000
- Status:
- For Sale
- Property Type:
- Office
- Area:
- 3022 sqft
MLS®#X12341291
Property Description
Fantastic opportunity for investors or business office with income to cover expenses. Welcome to 580 Waterloo St., a freestanding, mixed use 2 story building, with many updates and improvements. The main and upper floors comprising of 2275 Sq Ft of office space, and 2 residential units in the basement. The upper office tenant is currently leased until May 31, 2026 and main floor office tenants renewed their lease for another 3 years until December 31, 2028. with an option for either party to terminate with 6 months notice. An ideal situation for an investor to occupy main floor level or pick you own tenant and lease. Current financial information is based on present income and potential market rents. Office tenants pays electricity, gas and water. Residential tenants rent includes $95 toward heat, electricity and water. Some of the updates include furnaces, central airs and water heaters. Replaced rear porch. Renovated front porch. Replaced commercial outside doors (front & rear). Outside lighting, brick repointing and replacement as needed. Replaced rear eaves and downspouts. Update one basement res unit after tenant vacated. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 3022 sqft
- Building Type: Offices
- Utility Water: Municipal water
Land
- Land Size: Bldg=53 x 131 FT
Zoning
- Description: R3-2 0C2
Information entered by PRIME REAL ESTATE BROKERAGE
Listing information last updated on: 2025-11-06 17:22:24
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How much could you save in commission selling with One Percent Realty?
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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.
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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