ON > London East > East F
London East, ON N6B 2P9,580 Waterloo ST
London East, ON N6B 2P9,580 Waterloo ST
London East, ON N6B 2P9,580 Waterloo ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Fri
12
Dec
Sat
13
Dec
Sun
14
Dec
Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$1,179,000
Est. payment /mo
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision East F

MLS Listing ID X12341291

Annual Tax Amount $13,772

Tax Year 2025

Property Sub-Type Office

Lot Depth 131.0

Lot Front 53.0

Property Description

Fantastic opportunity for investors or business office with income to cover expenses. Welcome to 580 Waterloo St., a freestanding, mixed use 2 story 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 renewed their lease for another 3 years until December 31, 2028. with an option for either party to terminate with 6 months notice. 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 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

ParcelsYN No

Read Less Info
Listed by PRIME REAL ESTATE BROKERAGE

Get More Information

Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

Name

Phone*

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Gail Reeves Reid, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.