973 GAINSBOROUGH Road, London, Ontario N6H5L4

Listing courtesy of STREETCITY REALTY INC., BROKERAGE.

$799,900
3
BD
3
BA
1,995
SqFt
List Price
$799,900
MLS®
40302607
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
3
Bathrooms
3
Living Area
1,995
Subdivision
North E

Property Description

A golden opportunity for investors and home buyers to own a BDC zoned residential property (#3074 sq. ft home) in the highly demanded North West London. The zoning permits multiple uses for this property-keep it as a single family residential, build a multi-storey apartment building, convert it into multi-residential, commercial cum residential, medical offices etc. This Zone provides for and regulates a mix of retail, restaurant, neighborhood facility, office and residential uses. There are only a few properties with BDC zoning in the neighborhood. Nestled in the fast growing residential cum business area, this property is of high commercial potential. The deeper lot size is an added advantage for any development. The property is surrounded by high to low density residential, smart centers, medical clinics, schools and worship places. The building and appliances are sold 'AS IS WHERE IS'. The owner has never lived in this property, currently rented out on a monthly basis. The current house consists of 3 generously sized bedrooms 2 full bath and 1 half bath, 2 office rooms and 1 Recreation hall, 1 living room and 1 dining room , one kitchen and storage rooms. The basement has a separate entry through the back. (id:25314)

Additional Information

Ownership
Freehold
Subdivision
North E
Parking Spaces
6
Cooling
Central air conditioning
Country
Canada
Sewer
Municipal sewage system
Community Features
School Bus
Heating
Forced air, Natural gas
Lot Features
Southern exposure, Park/reserve, Paved driveway

Mortgage Calculator

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Calculator source: Real Geeks