9 January,2025
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Canadian Mortgages

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$1,999,000
Available - For Sale
Listing ID: X10854808
Application Submitted For Proposed Development Of A Multi-Level Commercial-Residential Unit.This Property Is Already Zoned for Mixed-Use, Dont Miss This Incredible Chance To Own A Spacious Corner Property In A Prime Location. Situated Near Downtown London, This High-Traffic Site Is Just 4 Minutes From Fanshawe College And 8 Minutes From London International Airport. With Transit Stops Located Right In Front Of The Property, There Is Easy Access To All Amenities; Retail, Schools, Recreation Centres And Major Highways. The Property Features A 1200 SQFT Newly Renovated Restaurant On A Property With Multiple Entrances And Generous Parking. An Excellent Investment Opportunity With Significant Potential For Development.
Extras:   Looking For More Lot Size? Option to Purchase Adjoining Property 1002 (Formerly 1002 & 1004) Oxford St E, Is Available. Possible VTB Financing Available Upon Request.
Price $1,999,000
Taxes: $0
Tax Type: Annual
Occupancy by: Tenant
Address: 1016 Oxford St East , London, N5Y 3K7, Ontario
Postal Code: N5Y 3K7
Province/State: Ontario
Legal Description: PART LOTS 55, 56, 57 & 58 PLAN 490, AS I
Lot Size: 117.97 x 110.27 (Feet)
Directions/Cross Streets: Highbury Ave N & Oxford St E
Zoning: AC2 AC4
Category: Multi-Use
Use: Hospitality/Food Related
Building Percentage: Y
Total Area: 12,981
Total Area Code:  Sq Ft
Retail Area: 1200
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Franchise: N
Sprinklers: N
Rail: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Sewers: Sanitary
Water: Municipal
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Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE SIGNATURE REALTY

1016 Oxford St East , London, N5Y 3K7, Ontario

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Maria Tompson
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416-548-7854
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416-548-7854
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416-981-7184

 
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At a Glance:
Type: Com - Commercial/Retail
Area: Middlesex
Municipality: London
Neighbourhood: East C
Style:
Lot Size: 117.97 x 110.27(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
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Garage: 0
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Maria Tompson
Your Company Name , Brokerage
Independently owned and operated.
416-548-7854 sales@bestforagents.com
Office Address : 4711 Yonge Street, 10th Floor, Toronto, Ontario M2N 6K8
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