Overview

Property ID: 40497330
  • Single Family Residence
  • Property Type
  • 2
  • Bedrooms
  • 1
  • Bathroom
  • 2100
  • Sq Ft
  • 1970
  • Year Built

Description

Welcome to 124 Rectory St, London. Currently operating as a Caribbean restaurant that has been voted
the best in London for the past 3 years in a row. This established turn-key, 30 seat, licensed facility
offers dine-in, take-out and delivery and catering options to customers from around London and
surrounding area. Could be a coffee shop, bakery, pub/bar, breakfast spot…the possibilities are
endless.
The owner occupied, 2 bedroom upper apartment provides easy access to your personal area while you
are operating the restaurant. If living where you work isn’t your thing, no problem!!! A separate
exterior entrance to the apartment allows for it to be used as a revenue generator as well. With it’s own
kitchen and laundry, this fully self-contained apartment would be perfect for a professional couple or small
family.
On site parking for 5 vehicles, solar panels on the roof (contract to be assumed by purchaser) provide
passive income, new in 2022: air conditioning; vinyl siding; basement waterproofing and 2 sump pumps;
grease trap; restaurant lighting and décor; stainless steel counter tops in kitchen and reconditioned fire
suppression and exhaust systems (2022) make this the perfect way to get into the business with minimal
capital costs.

  • Address Rectory
  • City London
  • State/county Middlesex
  • Zip/Postal Code N5Z 2A1

Details

Updated on January 25, 2024 at 6:10 pm
  • Property ID: 40497330
  • Price: $649,000
  • Property Size: 2100 Sq Ft
  • Land Area: 0.067 Acres
  • Bedrooms: 2
  • Bathroom: 1
  • Year Built: 1970
  • Property Type: Single Family Residence
  • Property Status: Residential

Additional details

  • ITSO_NumberOf2PieceBathrooms: 0
  • LaundryFeatures: In-Suite,Upper Level
  • PhotosCount: 42
  • ITSO_UnderContract: Hot Water Heater
  • Cooling: Central Air
  • SecurityFeatures: Other
  • CrossStreet: VAN STREET
  • ITSO_CoListAgent2Designation: Salesperson
  • AboveGradeFinishedArea: 2100
  • ITSO_SurveyType: None
  • ListingKeyNumeric: 144308626
  • MajorChangeType: Back On Market
  • MLSAreaMajor: East
  • TaxAnnualAmount: 4160.26
  • BathroomsTotalDecimal: 1
  • OriginatingSystemName: LSTAR
  • MlsStatus: Active
  • StreetNumber: 124
  • ListingKey: 248dacb9f3466b5048eced45260187ae
  • ITSO_StreetViewParam: 1$42.98173099$-81.22047423$106.92$13.33$1.00$0cGESUy1G0IyGnPGz04PPQ
  • Directions: NORTH ONTO RECTORY FROM HAMILTON ROAD
  • Roof: Asphalt Shing,Solar
  • ParkingTotal: 5
  • BathroomsFull: 1
  • InternetAddressDisplayYN: 1
  • LotSizeSource: GeoWarehouse
  • WaterSource: Municipal
  • Topography: Flat Site
  • ITSO_LaundryTotal: 0
  • ParkingFeatures: Concrete
  • Heating: Forced Air
  • ITSO_NumberOfRoomsAboveGrade: 5
  • BuildingAreaSource: Other
  • ITSO_BathsOnLevelSecondCount: 1
  • ITSO_AcresRange: < 0.5
  • ITSO_BathsTotalRooms: 1
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • ITSO_NumberOf5PlusPieceBathrooms: 0
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOf3PieceBathrooms: 1
  • ITSO_OfferInstructions: 24 HOURS MINIMUM ON ALL OFFERS
  • ConstructionMaterials: Vinyl Siding
  • ITSO_NumberOf4PieceBathrooms: 0
  • ITSO_BedsOnLevelSecondCount: 2
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 2100
  • YearBuiltSource: Estimated
  • OtherEquipment: Satellite Dish
  • CoListAgentDesignation: Salesperson
  • RoomKitchenLevel: Second
  • ITSO_KitchensTotal: 1
  • ITSO_CoListAgent3Designation: Salesperson
  • MajorChangeTimestamp: 2023-12-15T20:02:31.383Z
  • ITSO_PropertyAttached: Detached
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2023-10-10
  • MLSAreaMinor: East L
  • FarmLandAreaUnits: Square Feet
  • Zoning: CC
  • ITSO_StatusContractualSearchDate: 2023-10-10
  • Basement: Development Potential,Full,Partially Finished,Sump Pump
  • ITSO_HSTApplicableToSalePrice: Included
  • PhotosChangeTimestamp: 2023-12-15T20:06:31.670Z
  • ITSO_BedsAboveGrade: 2
  • RoadFrontageType: Public Road
  • ITSO_KitchensBelowGrade: 0
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • FrontageLength: 30.08
  • BridgeModificationTimestamp: 2023-12-15T20:06:31.681Z
  • PropertyCondition: 51-99 Years
  • FrontageType: East
  • ParcelNumber: 083070071
  • ITSO_LotDepth: 97.42
  • FoundationDetails: Concrete Block,Poured Concrete
  • ITSO_CurrentPrice: 649000
  • ITSO_DrivewayParking: Private Drive Triple+ Wide,Visitor Parking
  • StreetSuffix: Street
  • LotSizeDimensions: 97.42 x 30.08
  • ModificationTimestamp: 2023-12-15T20:02:31.383Z
  • ITSO_CommonInterest: Freehold/None
  • ITSO_NumberOfRoomsBelowGrade: 0
  • Inclusions: Dryer,Refrigerator,Satellite Dish,Stove,Other
  • BelowGradeFinishedAreaUnits: Square Feet
  • BathroomsHalf: 0
  • LotSizeArea: 0.067
  • Sewer: Sewer (Municipal)
  • AboveGradeFinishedAreaSource: Other
  • Utilities: Cable Available,Cell Service,Garbage/Sanitary Collection,Natural Gas Connected,Recycling Pickup,Street Lights,Phone Connected
  • ITSO_KitchensAboveGrade: 1
  • ITSO_BedsBelowGrade: 0
  • NumberOfBuildings: 0
  • ITSO_RATIO_CurrentPrice_By_AboveGradeFinishedArea: 309.04762
  • LotFeatures: Urban,Irregular Lot,Ample Parking,Corner Lot,Library,Playground Nearby,Public Parking,Public Transit,School Bus Route,Schools,Shopping Nearby,Trails,Visual Exposure
  • LotSizeSquareFeet: 2918.52
  • ITSO_LeaseToOwnEquipment: Solar Panels
  • ArchitecturalStyle: Two Story
  • OpenParkingSpaces: 5
  • FeedTypes: IDX

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