Prime Investment Opportunity in the Heart of London's Bustling Commercial District in Byron. Discover a lucrative investment opportunity in a strategically located multiplex building, boasting 15,915 sq. ft. of rentable space on approximately 0.5 acres of prime land. Situated on a vibrant and high-traffic street in London, this property offers a diverse mix of tenants, including commercial retail, offices, and six modern residential apartments. With over 400k invested in renovating and upgrading all residential units, hallways, staircases, and roofs in 2019, and a new balcony in front of the building, we are ensuring a contemporary and well-maintained property. A diversified tenant mix provides a steady income stream, while the professionally managed property ensures operational efficiency and peace of mind for investors. Comprehensive lease agreements and property information are available upon signing a confidentiality agreement, offering transparency and insight into the property's financial performance.
Address
1288 Commissioners Road W
List Price
$4,999,000
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Commercial Retail
Transaction Type
Sale
Area
London South
Sub-Area
South B
Region
Middlesex
Lot Size Source
GeoWarehouse
Lot Depth
173.66
Lot Shape
Irregular
Lot Type
Building
Lot Irregularities
173.66 ft x 122.65 ft x 153.60 ft x 119
Lot Size Units
Feet
Lot Width
119.31
Parcel Number
084140035
Total Building Area
19655
Occupant Type
Owner+Tenant
Cross Street
Boler Road
Approx. Age
31 - 50 Years
MLS® Number
X12677068
Listing Brokerage
CENTURY 21 FIRST CANADIAN CORP
Basement
Yes
Postal Code
N6K 1E1
Posession Details
Flexible
Parking Spaces
34
Tax Amount
$68,012.60
Tax Year
2025
Site Influences
Public Transit, Recreation/Community Centre
Community Features
Public Transit, Recreation/Community Centre
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
UFFI
No
Garage Type
Outside/Surface
Tax Legal Description
LT 81, COMPILED PLAN 563; LONDON/WESTMINSTER
Security Features
No
Water Source
Water System
Sewer
None
Business Name
1288 Commissioners Rd W
