London East, ON N6B 2P9,580 Waterloo ST
London East, ON N6B 2P9,580 Waterloo ST
London East, ON N6B 2P9,580 Waterloo ST
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$1,179,000
Est. payment /mo
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3,022 SqFt
New

580 Waterloo ST London East, ON N6B 2P9

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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,022 sqft

Price per Sqft $390

Subdivision East F

MLS Listing ID X12341291

Annual Tax Amount $13,772

Tax Year 2025

Property Sub-Type Office

Property Description

Fantastic opportunity for investors or business office with income to cover expenses. Welcome to 580 Waterloo St., a freestanding, mixed use 2 storey building, with many updates and improvements. The main and upper floors comprising of 2275 Sq Ft of office space, and 2 residential units in the basement. The upper office tenant is currently leased until May 31, 2026 and main floor office tenants are vacating December 31, 2025. An ideal situation for an investor to occupy main floor level or pick you own tenant and lease. Current financial information is based on present income and potential market rents. Office tenants pays electricity, gas and water. Residential tenants rent includes $95 toward heat, electricity and water. Some of the updates include furnaces, central airs and water heaters. Replaced rear porch. Renovated front porch. Replaced commercial outside doors (front & rear). Outside lighting, brick repointing and replacement as needed. Replaced rear eaves and downspouts. Update one basement res unit when after tenant vacated.

Location

Province ON

County Middlesex

Community East F

Area Middlesex

Zoning R3-2 0C2

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Yes

Lot Frontage 53.0

Lot Depth 131.0

Others

Security Features No


Listed by PRIME REAL ESTATE BROKERAGE

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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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580 Waterloo ST

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