345 HORTON Street E, London East, ON N6B 1L6
East K, London East · Near Waterloo and Horton · View map
About this home
Amazing opportunity in revitalized downtown SoHo London. Strong net cash flow secured by 100% occupancy & National Tenant. Gross income approx $250,000(increasing with built-in escalations), cap rate >4%. Modern attractive 8,352sq ft commercial building with ample on-site parking, subdividable up to 6 units. Included loading dock & lift for full-size transport truck deliveries.Great visibility onthe main arterial road. Walking distance to downtown, train and bus stations, and on public transportation routes. Many potentialuses underr current zoning. Book a viewing appointment today! Vendor VTB mortgage. **EXTRAS** Please allow 24 hours minimum notice for showings. Owners would consideroffering a VTB first mortgage. Listing agent is related to one of the owners.
The home
- Type
- Commercial retail
- Square footage
- 8352 sq ft
- Lot size
- 141.5 x 165.5 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Property taxes
- $33,887/yr
- Tax year
- 2023
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Waterloo and Horton
- Neighbourhood
- East K
More
- MLS® number
- X10442624
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
345 HORTON Street, London East, ON N6B 1L6
East K, London East · Near Waterloo and Horton
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Listing history for 345 HORTON Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 345 HORTON Street E
Answers come straight from this home’s MLS® listing.
How much is 345 HORTON Street E listed for, and what would it cost each month?
345 HORTON Street E is listed for $4,595,000. With 20% down ($919,000), the mortgage payment would be roughly $18,535 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $21,359 a month, all in. That figure is an illustration, not a quote.
Is 345 HORTON Street E freehold or a condo, and is there a monthly fee?
345 HORTON Street E is a commercial retail in East K, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 345 HORTON Street E have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 345 HORTON Street E?
345 HORTON Street E is a commercial retail. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 345 HORTON Street E, and what is the lot size?
The lot is listed as 141.5 x 165.5 ft.
How is 345 HORTON Street E heated and cooled?
Heating is gas forced air open. Cooling is yes.
What are the property taxes for 345 HORTON Street E?
Property taxes are $33,887 a year (2023), or about $2,824 a month.
Where is 345 HORTON Street E?
345 HORTON Street E is in the East K community of London East. The nearest main intersection is Waterloo and Horton. The postal code is N6B 1L6.
Is 345 HORTON Street E still for sale?
Yes. It is an active listing (MLS® X10442624). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 345 HORTON Street E asking?
Similar properties for sale nearby right now include 339 HORTON Street E at $5,595,000, 420 York Street at $3,599,000 and 700 York Street at $5,800,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 345 HORTON Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 345 HORTON Street E?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near East K, picked by style, size and price.
Commercial retail$5,595,000339 HORTON Street E, London EastEast KCourtesy of: RIGHT AT HOME REALTYView home →
Investment$3,599,000420 York Street, London East4 bath · East KCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →
Office$5,800,000700 York Street, London EastEast LCourtesy of: CENTURY 21 FIRST CANADIAN CORPView home →Courtesy of: RIGHT AT HOME REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.