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Home ON Greater London London East London
389 LYLE STREET
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389 LYLE STREET $499,000
$499,000
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389 LYLE STREET
London, Ontario N5W3R6

MLS® Number: X11997475

Listing Description

This exceptional commercial property presents a prime investment opportunity in a desirable London location. The 2,300-square-foot building, situated between York, King, and Dundas Streets, offers convenient on-site around 12 car parking. Its versatile zoning accommodates a wide range of business uses. Recent renovations, totaling approximately $130,000, include a newly converted four-bedroom, two-bathroom residential unit upstairs. The main floor offers significant potential for various commercial ventures, such as office space, restaurants, or wellness centers. This unique property combines the benefits of live-in accommodation and a ground-floor business area, ideally suited for entrepreneurs seeking to minimize living expenses while operating their business. Further enhancing its appeal are wheelchair accessibility features, an intercom system, remotely controlled lighting, controlled entry with video surveillance, and an owned hot water tank. (39971467)

Location Description

Dundas St and Lyle St

Property Summary

Property Type
Retail
Community Name
East L
Land Size
132.33 x 87.64 FT
Annual Property Taxes
$9,839
Time on REALTOR.ca
29 days

Building

Interior Features
Appliances Included
Dryer, Stove, Washer, Refrigerator
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Retail and Wholesale (Retail misc.)

Measurements

Square Footage
2300 sqft

Land

Lot Features
Frontage
132 ft ,3 in
Land Depth
87 ft ,7 in
Other Property Information
Zoning Description
Commercial - BDC OR
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
MANINDER BHATIA