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$1,175,000
Available - For Sale
Listing ID: X12201616
Welcome to 2424 Main St, a prime property located in the heart of Lambeth, Ontario. This stunning corner lot offers incredible versatility and curb appeal, making it a perfect opportunity for investors, entrepreneurs, or anyone seeking a unique live-in option. Situated along bustling Main Street and just minutes from Highways 402 and 401, this location provides unmatched accessibility and visibility, with approximately 15,000 vehicles passing by daily.The property features highly versatile BDC (Business District Commercial) zoning, allowing for almost endless potential uses, from retail and office spaces to mixed residential and commercial purposes. Recently updated from top to bottom, the interior boasts modern finishes throughout and a flexible layout that can suit a variety of needs. The property can be used entirely for commercial purposes or divided into income-producing units, with the option to separate the main and lower levels. While the lower unit is currently non-conforming, it offers tremendous potential for a variety of uses. Multiple entrances enhance the functionality, allowing for easy access to both floors. Inside, the space includes four bathrooms, designed to accommodate a wide range of uses.The large lot offers ample on-site parking, ideal for businesses or tenants, while its prominent location along Main Street ensures high visibility for commercial endeavors. Whether youre looking to operate your business, create a dual-purpose property, or simply make a smart investment, 2424 Main St delivers exceptional potential.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $44,450 $88,900 $133,350 $177,800
First Mortgage $844,550 $800,100 $755,650 $711,200
CMHC/GE $23,225.13 $16,002 $13,223.88 $0
Total Financing $867,775.13 $816,102 $768,873.88 $711,200
Monthly P&I $3,716.61 $3,495.3 $3,293.03 $3,046.01
Expenses $0 $0 $0 $0
Total Payment $3,716.61 $3,495.3 $3,293.03 $3,046.01
Income Required $139,373.01 $131,073.81 $123,488.52 $114,225.54

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
OAK AND KEY REAL ESTATE BROKERAGE, INC.

2424 Main Stre , London South, N6P 1R2, Middlesex

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London South
Neighbourhood: South V
Style: 2 1/2 Storey
Lot Size: x 205.53(Feet)
Approximate Age:
Tax: $5,253.93
Maintenance Fee: $0
Beds: 5+1
Baths: 4
Garage: 0
Fireplace: Y
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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