463 King Street, London East (east K), Ontario

$675,000

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2

Beds

2

Baths

About 463 King Street

This detached mixed-use building offers approximately 1,200 sq. ft. of commercial office space on the main floor and a spacious 1,000 sq. ft. two-bedroom residential apartment on the second level. Thoughtfully and fully renovated with permits, the property has been restored with careful attention to preserving the character and charm of the original century building. Heritage features such as beautiful stained-glass accents and hardwood flooring have been retained and enhanced, while major building systems have been comprehensively upgraded, including plumbing, electrical, and fire separation, providing peace of mind for owners and tenants alike. This building is a turnkey opportunity for investors or owner-occupiers. The upper residential unit is currently tenanted, providing immediate rental income, while the main floor commercial space is leased until October 2026, offering future flexibility for an owner-user or new tenant. Ideally located within walking distance of public transit, restaurants, shops, and downtown amenities, the property also features ample on-site parking-a rare and highly desirable convenience in the downtown core. Whether you're looking to expand your investment portfolio, operate your business on the main floor while generating rental income from the residential unit above, or secure a well-maintained mixed-use asset with long-term upside, this property presents an exceptional opportunity. (id:36535)

Features of 463 King Street

Listing # X13453650
Price $675,000
Bedrooms 2
Bathrooms 2.00
Acres 0.00
Type Single Family
Sub-Type Freehold

Community Information

Address 463 King Street
Subdivision East K
City London East (east K)
Province Ontario
Postal Code N6B1S8

Amenities

Amenities Park, Place of Worship, Public Transit, Schools, Separate Heating Controls, Separate Electricity Meters
Features Level, Carpet Free
Parking Spaces 5
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Dryer, Microwave, Stove, Washer, Two Refrigerators
Heating Natural gas Forced air
Cooling Central air conditioning
Fireplace No
# of Stories 2
Has Basement No
Basement Type N/A (Unfinished)
Basement Development Unfinished

Exterior

Exterior Brick
Lot Description 44.9 x 90.4 FT ; 90.75 ft x 45.00 ft x 90.70 ft x 45.26ft
Foundation Brick

Listing Details

OfficeCourtesy Of REAL BROKER ONTARIO LTD

Listing Map