$499,000
( $216.96Per Sq Foot )
 $2,679 est/mo Sourced by Back At You

389 Lyle Street , London, ON N5W 3R6

London, ON N5W 3R6

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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, remotely controlled lighting, controlled entry with video surveillance, and an owned hot water tank.

Details

MLS#X11997475
Listing TypeFor Sale
Sub-TypeResale
StatusSold Conditional
Days On Site47
Listing Provided ByKING REALTY INC. | X11997475 214100

Features

SQ Feet2,300
Acreage0.05
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.

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Listings Checked: 2 minutes ago
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN5W 3R6
AreaEast L
Listing VS Median (In N5W 3R6)
Price:
$499,000
low | high
Med:
$499,000
50% of Average
SqFt:
2,300
low | high
Med:
2,300
50% of Average
$ / SqFt:
$217
low | high
Med:
$217
50% of Average
On site:
47
low | high
Med:
47.000000
100% of Average
Sourced by Back At You
Listing Updated: April 17, 2025 at 9:29:00 PM PDT