Why rent or lease when you could own and generate multiple revenue streams with only one investment.\r\nWith CC zoning this property offers a range of commercial uses which services the day-to-day convenience needs\r\nof the immediate neighbourhood. Currently operating as an established turn-key restaurant offering licensed\r\ndine-in for 30 seats.\r\nUpgrades and improvements over the past two years which include a new central air unit, electrical and fixtures,\r\n30-gallon grease trap, stainless steel counter tops, vinyl siding, basement waterproofing with 2 brand new sump\r\npumps, the waterproofing comes with a 10 year worry free warranty. The completely refaced bar and dining room\r\noffers an inviting and cozy experience for customers.\r\nThe current owner-occupied upper apartment provides easy access to your personal area while operating your\r\nbusiness. It has 2 spacious bedrooms, a very large family room with a sloped ceiling that only adds to the charm of\r\nthis generous space. Fully equipped with stacking washer/dryer, stainless steel fridge with lower freezer and a gas\r\nstove that has been gently used. If living on site isn’t your thing, it is no problem rent it out and earn a bit of\r\nrevenue as the apartment can be self-contained with its outside entrance that is perfect for a young professional\r\ncouple or small family.\r\nThere is onsite parking for 5 vehicles.\r\nIf all of that isn’t enough, you can even generate passive income when you assume the solar panel contract. (id:31697)
| MLS® Number | X8286862 |
| Property Type | Single Family |
| Community Name | EastL |
| Equipment Type | Water Heater |
| Features | Sump Pump, Solar Equipment |
| Parking Space Total | 5 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 1 |
| Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 |
| Basement Type | Full |
| Construction Style Attachment | Detached |
| Cooling Type | Central Air Conditioning, Ventilation System |
| Exterior Finish | Vinyl Siding, Brick |
| Foundation Type | Block, Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Type | House |
| Utility Water | Municipal Water |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Irregular | 30.08 X 97.42 Acre |
| Size Total Text | 30.08 X 97.42 Acre|under 1/2 Acre |
| Cable | Available |
https://www.realtor.ca/real-estate/26830417/124-rectory-street-london-eastl
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