616 Dundas Street E London East, Ontario N5W 2Y8

$550,000

Old East Village gem ready for your elegant touches: Welcome to 616 Dundas St. Have you wanted to be the master of your destiny by operating a successful business in a vibrant part of the City, while you and your family enjoy a spacious onsite residence right above? It really is the Canadian dream--and you can have it--in Downtown London, Ontario! Called the Forest City, it is designated as one of Canada's top cities due to it's leafy tree-lined streets, world class hospitals and top University & College! This property is located just steps from the birthplace of insulin; Sir Frederick Bantings' Museum; The Western Fair District & Kelloggs Entertainment Hub. Acquire this unique property complete with 2 stores, operate them separately or together. Some miscellaneous items remain from when the previous shopkeeper had Gifts & More, and these are included. There are also two basement level spaces with separate front street access which can be used as storage or rented out. Upstairs find a spacious 2 bedroom residence with 1 bath and a large living space plus roomy dining/office combo plus with an upper level deck for recreational use. Out back there is plenty of parking accessed by a private lane. This property needs a little love and some elbow grease, but once done, it can be, again, one of London's most significant retail spaces! Ask about the cities' loans and grants like: Façade Improvement Loan; Upgrade to Building Code Loan; Core Area Safety Audit Grant; Rehabilitation and Redevelopment Tax Grant; Residential Development Charges Grant. This is a lovely retail/residential property and is a must see! Book your viewing today. (id:61716)

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https://www.realtor.ca/real-estate/29251017/616-dundas-street-e-london-east-east-g-east-g