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124 Rectory Street London, Ontario N5Z 2A1

2 Bedroom 1 Bathroom 2100
2 Level Central Air Conditioning Forced Air

$649,000

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. (id:48675)

Property Details

MLS® Number 40497330
Property Type Single Family
Amenities Near By Playground, Public Transit, Schools, Shopping
Communication Type High Speed Internet
Community Features School Bus
Equipment Type Water Heater
Features Corner Site, Visual Exposure, Sump Pump
Parking Space Total 5
Rental Equipment Type Water Heater

Building

Bathroom Total 1
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances Dryer, Refrigerator, Satellite Dish, Stove
Architectural Style 2 Level
Basement Development Partially Finished
Basement Type Full (partially Finished)
Constructed Date 1970
Construction Style Attachment Detached
Cooling Type Central Air Conditioning
Exterior Finish Brick, Vinyl Siding
Fire Protection Unknown
Fixture Ceiling Fans
Foundation Type Block
Heating Type Forced Air
Stories Total 2
Size Interior 2100
Type House
Utility Water Municipal Water

Parking

Visitor Parking

Land

Access Type Road Access
Acreage No
Land Amenities Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
Size Depth 97 Ft
Size Frontage 30 Ft
Size Irregular 0.067
Size Total 0.067 Ac|under 1/2 Acre
Size Total Text 0.067 Ac|under 1/2 Acre
Zoning Description Cc

Rooms

Level Type Dimensions
Second Level Bedroom 17'4'' x 9'8''
Second Level Primary Bedroom 12'11'' x 12'7''
Second Level 3pc Bathroom Measurements not available
Second Level Kitchen 9'0'' x 10'0''
Second Level Living Room 20'0'' x 13'0''

Utilities

Cable Available
Natural Gas Available
Telephone Available

https://www.realtor.ca/real-estate/26154633/124-rectory-street-london

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Streetcity Realty Inc., Brokerage
519 York Street
London, Ontario N6B 1R4

(519) 649-6900
(519) 649-6933
www.streetcityrealty.com

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