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389 Lyle Street, London, ON, N5W 3R6

MLS® # 40674068
new listing
Commercial For Sale In East London, London, Ontario
$499,900
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
389 Lyle Street, London, ON
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ACTIVE
389 Lyle Street, London, ON, N5W 3R6
$499,900

Property Information:

Amazing opportunity to own this gem of a commercial property in London. Approx 2300 sqft, located in aprime core location between York, King and Dundas area with onsite free parking. Currently rented at$4500 plus utilities. Tenants willing to stay but vacant possession also possible. Has zoning for avariety of businesses. Approx $130k spend on renovations. Upstairs has recently been converted into 4bed 2 bath residential unit and main floor has potential for plenty of businesses from office space torestaurants/wellness center. Commercial offering a live-in upper and business on the lower level. Thiscould be a perfect opportunity for an entrepreneur to live at a low cost while operating a businessbelow. The main level has many wheel chair accessibility features included. There is an intercom systemthroughout and lighting can also be controlled remotely for investors. Onsite parking, controlledremotely for investors. Onsite parking, controlled entry with video, owned HWT.

Inclusions: S/S Fridge, S/S Stove, Washer And Dryer, Light Fixtures, Brand New A.C, Brand New Furnace, Hot Water Tank Owned

Property Features:

  • Bedrooms: 0
  • Acres Range: < 0.5
  • Basement: None
  • Floor Space (approx): 2300 Square Feet
  • Lot Depth: 87.64 Feet
  • Lot Features: City Lot, Public Transit
  • Lot Frontage: 132.33 Feet
  • Water Source: Municipal
  • Zoning: Commercial BDC
  • Sewer: Sewer (Municipal)

Courtesy of: EXECUTIVE HOMES REALTY INC

Data provided by: Mississauga Real Estate Board 3450 Ridgeway Dr. #1, Mississauga, Ontario L5L 0A2
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 389 Lyle Street, London, ON, N5W 3R6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 389 Lyle Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 389 Lyle Street , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 389 Lyle Street, London, ON, N5W 3R6

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$61,764.42

Average Number of Children

1.51

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.42 %

High school certificate or equivalent

32.35 %

Apprenticeship trade certificate/diploma

4.49 %

College/non-university certificate

21.08 %

University certificate (below bachelor)

2.07 %

University Degree

18.58 %

Commuter

Travel To Work

By Car

74.35 %

By Public Transit

15.73 %

By Walking

6.55 %

By Bicycle

0.0 %

By Other Methods

3.37 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

74.14 %

Houses

25.86 %

Own Vs. Rent

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