The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Sale with " LONG TERM' LEASEBACK with an 8% Cap Rate. Excellent opportunity to acquire an owner-occupied industrial facility located on the outskirts of London east, in close proximity to Dorchester and with convenient access to major highways. This well maintained property sits on approximately 4 acres and offer a total building area of 49,550 sq. including 6,000 sq ft of office space.The building features 11 shipping doors, a sprinkler system and is situated within an established industrial area zoned M2 (Rural Industrial). Vendor is willing to lease back on market terms, making this an ideal opportunity for investors seeking stable industrial income. A rare offering combining scale, functionality and flexibility in a strong location just outside the city. Rental info and Financials will be available upon request.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$23,114/mo
Mortgage (principal + interest)$19,640
Property taxFrom listing: $41,689/yr$3,474
Minimum 20% ($1,050,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$1,050,000
Ontario land transfer taxProvincial brackets, no first-time refund$117,725
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$1,170,525
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Thames Centre has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
