Listed by Sutton Group - Forward Realty.

973 Gainsborough Road is a Detached, 1 1/2 Storey and is currently for Sale @ $924,900. Taxes in 2023 were $4,573.45.

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Located at the center of the growing Hyde Park commercial district with a diverse business community, this property is within minutes from a large shopping mall with high volume of commercial traffic on a daily basis. The 1 1/2 Storey on 973 Gainsborough Road has 2 bedrooms, 2 bathrooms, and is located on a 183.00 x 61.22 ft loton < .50 acres in the community of North E . This BDC-zoned property is also adjacent to the fastest growing residential community in the City of London with a robust and growing demographic. With 6 parking spots on the property, multiple parking spots along the Gainsborough Rd, and the potential to add more onto the spacious property (61'x182' approx.), this property has the space to accommodate commercial potential it has been gifted with. With a square footage of 2,374, this property has a 2-bedroom apartment and a retail store. The main floor has a separate office/retail space that can serve another commercial purpose. The basement with a separated walk-up entrance has the potential to be finished and turned into another 2-bedroom apartment. The property currently has two 100-amp breaker panels, a new forced-air furnace and central air unit, a new hot water tank, updated ABS plumbing, and a waterproofed and insulated basement, newly installed vinyl floorings on the main floor and second floor. Looking for a booming area for your business to call home? Or searching for a property where you can take your home business to the next level? This is the opportunity you don't want to miss.

The address 973 Gainsborough Road was listed for sale (MLS# X8285744) on Friday, January 26, 2024.