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LISTINGS...
The Following are the Listings
that Dale Bensette is Currently Working on...
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SOLD! FURTHER REDUCTION Multi-Residential Power of Sale.
This offering consists of two 15 unit apartment
buildings. Both buildings continue to undergo
major renovations to include new windows throughout, and
upgraded units with new appliances. These building
are ideally located between the University of Windsor and
the downtown area and are just one block away from the
Detroit River waterfront and parks. The University
Ave. building was recently finished and, with the
exception of one lower level unit, this building has been
leased up to mature student and professors at the
University. With the Curry St. building, the
renovations is nearing completion, and this building is
also leasing up quickly. Vendor is motivated and wants it
sold! Asking
Price: $1,250,000. $1,150,000
$1,090,000
Note: The rent roll
accessed through this link shows only 14 units in the
University building. The 15th unit is being used as
an office and will be renovated and converted back to a
residential unit.
1518
University Ave. and 277 Curry, Rent Roll
1518
University Ave. and 277 Curry, Power of Sale Schedule
CONDITIONALLY
SOLD! Power of Sale - Multi-Residential
Development Land.
This power of sale offering is being sold "as is,
where is" without any representations or
warranties. Contact Dale for the schedule of Power
of Sale clauses that must accompany all offers. This
site is a result of a land assembly located on Dundas
Street in East London. It is approximately 34,375
sq. ft. of land that is zoned for an 8-storey mixed-use
residential/commercial development comprising up to 154
residential units and up to 9 commercial units with
underground parking and "green roof" gardens and
plantings. Buyer to confirm zoning with the City of
London. This opportunity is across the street from
another major multi-residential development. Asking
Price: $1,100,000.
Plans
for 728 - 744 Dundas St.
Planning
Committee for 728 - 744 Dundas St.
Power
of Sale Schedule for 728 - 744 Dundas St.
SOLD Single-Tenant Industrial
Investment For Sale.
This offering consists of a 77,877 sq. ft. single-tenant
industrial building in London's Trafalgar Industrial Park,
which was just leased (October, 2010) on a 5 year term
with two 3 year renewal options to a AAA Corporate
Tenant. The lease rates escalate over the 5 year
term with the average annual net income being
$327,083. This is a carefree investment
opportunity. Asking
Price: $4,530,000.
SOLD! Retail Investment For Sale.
Price is flexible and huge
interest-only VTB 1st is possible. This offering consists of 55,648 sq. ft. retail shopping
plaza on 2.48 acres know as the Eastown Plaza. There
are 2 buildings each having main floor and second floor
space with one building also having some basement
space. This plaza is just east of Highbury Ave. N.
and is well positioned for the planned redevelopment of
the 180 acres site immediately north of this plaza where
the current London Psychiatric Hospital is located.
The hospital will be closing and plans are underway by the
Ontario Realty Corporation and the City of London to
redevelop the whole site. This is a very
high-traffic location and represents good value with an
asking price of only $72.00 per sq. ft. Asking
Price: $3,995,000.
$3,700,000 ($66.49 per sq.
ft.)
1472
Dundas St. Rent Roll and Income Information
1472
Dundas St. - 180 Acre London Psych. Hosp. Info.
Commercial/Retail Investment For Sale.
This offering consists of 23,706 sq. ft. of
commercial/retail on the main and second floors of a
multi-storey residential condominium building. This
building is located on the corner of Springbank Park in
the Byron community of London. Many of the upper floor
tenants are professionals and the main floor
tenants include a large medical walk-in clinic. This
property is excellently located across the street from a
very busy, high profile plaza. Asking
Price: $2,750,000.
1255
Commissioners Rd. Rent Roll
Gas Bar; C-Store; Car Washes. This
is an approximately 2 acres site located on Wellington Rd.
S. in London. It is improved with a self-serve gas
bar; a C-Store; a drive-thru mechanical/hand car wash
tunnel which is on a lease; and an 11-bay, coin-op car
wash. This offering will be of interest to those looking
for an user-owner investment opportunity. This
opportunity generates over $500,000 of gross income.
Asking Price:
$3,300,000
875
Wellington Rd. Gross Profits from Sales
875
Wellington Rd. Overview of Sales
875
Wellington Rd. Expenses
ROYAL LEPAGE TRILAND
REALTY
Dale
Bensette © 2001
dalebensette@royallepage.ca
