THE ULTIMATE TROPHY ASSET - UNMATCHED average 8.6%-8.9% CAP RATE! A completely re-engineered, top-to-bottom luxury turn-key mixed-use property with over $500K in high-end 2025 renovations. Located at the high-exposure corner of Quebec St & Mornington Ave, there is simply no second property on the market that matches this level of cash flow and pristine finish. Total gross current income generates a massive $9,000/MONTH ($108,000/YEAR)! MAIN FLOOR COMMERCIAL (70 Sq. Meters + 1 Washroom): Features a luxurious, custom-built Nail Spa with an average gross income of $30,000-$35,000/month. Outfitted with 4 premium manicure stations and 4 pedicure chairs, designed with a crisp, modern white aesthetic-100% turnkey, ready for immediate operation, and ALL INCLUDED IN THE SALE! UPPER RESIDENTIAL UNIT: Expansive and bright layout featuring 2 Bedrooms, 2 Full Washrooms, a versatile family room with cozy fireplace, and modern finished kitchen. LOWER RESIDENTIAL UNIT: Professionally finished (2025) separate-entrance basement unit featuring 3 Bedrooms, 2 Full Washrooms, and a custom kitchen. MECHANICALS & PERMITS: 100% peace of mind with 3 separate hydro/gas meters, 3 independent hot water tanks, upgraded plumbing/electrical, and city permits (2025). WHY THIS IS A ONCE-IN-A-LIFETIME BUY: Perfect for savvy investors wanting secure, high-yield passive income, or business owners looking to operate downstairs while upper and lower tenants effortlessly offset your mortgage. Do not miss out - opportunities like this don't come around twice! (id:39551)
| MLS® Number | X14165508 |
| Property Type | Retail |
| Community Name | East G |
| Amenities Near By | Public Transit, Recreation |
| Bathroom Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Dryer, Water Heater, Washer |
| Cooling Type | Fully Air Conditioned |
| Heating Type | Forced Air |
| Size Interior | 2,433 Ft2 |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Sewer | Sanitary Sewer |
| Size Depth | 90 Ft ,2 In |
| Size Frontage | 27 Ft |
| Size Irregular | 27.07 X 90.21 Ft ; 90.21ft X 27.07 Ft |
| Size Total Text | 27.07 X 90.21 Ft ; 90.21ft X 27.07 Ft |
| Zoning Description | Cc1 |
https://www.realtor.ca/real-estate/30497318/767-quebec-street-london-east-east-g-east-g
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