Jag Patel
Broker
$1,699,999
Available - For Sale
Listing ID: X14136596
30 & 40 Durrow Street , London South, N6E 3T7, Middlesex
| Excellent Investment Opportunity - Income-Generating Truck Yard Rare opportunity to acquire two lots totaling approximately 1.66 acres (0.83 acres each), featuring a fully fenced and gated truck and trailer yard with a gravel-covered surface. The yard accommodates approximately 40-45 trucks and trailers.The property is currently generating approximately $9,000-$10,000 per month in rental income. Approximately $200,000-$300,000 has been invested in site improvements, including fencing, gates, and yard preparation. Phase I and Phase II Environmental Site Assessment reports areavailable. The property's zoning also permits a truck repair facility, offering future development and business expansion potential, subject to applicable municipal approvals. Ideal for investors, fleet operators, and trucking companies seeking immediate rental income with long-term potential. |
| Price | $1,699,999 |
| Taxes: | $23900.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 30 & 40 Durrow Street , London South, N6E 3T7, Middlesex |
| Postal Code: | N6E 3T7 |
| Province/State: | Middlesex |
| Legal Description: | PARCEL 17-1, SECTION 33M272 LOT 17, PLAN |
| Directions/Cross Streets: | Wellington Rd & Exeter Rd |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Designated |
| Use: | Industrial |
| Total Area: | 77370.92 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | None |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| COLDWELL BANKER G19 REALTY |
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Jag Patel
Broker
Dir:
416-671-5246
Bus:
416-289-3000
Fax:
416-289-3008
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Middlesex |
| Municipality: | London South |
| Neighbourhood: | South X |
| Tax: | $23,900 |
| Fireplace: | N |
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