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1188 Frances St 2,696 SF Industrial Building London, ON N5W 2M1 $899,000 CAD ($333.46 CAD/SF)
Executive Summary
Located at the corner of Frances and Ashland, rare opportunity to purchase an industrial building plus a
single family residence municipally known as 1188 Frances Street and 295 Ashland Avenue. Building
consists of 2,696 square feet including 715 square feet of office space and 2 washrooms. Two warehouse
areas of 713 and 1,268 square feet. Building has been well maintained. Ceramic flooring and drywall
replaced in the office area, new HVAC in 2019 and the front roof area also replaced in 2019.Single family
residence consists of 3 bedrooms with full basement. updated kitchen, bath and electrical service. Light
industrialzoning-LI1, LI7 & LI8 permits a wide array of uses including building/contracting establishments,
warehouse & wholesale establishments, service repair establishments, light manufacturing. Lot area of
9235.43 sq. ft (0.212 ac) with lot dimensions of 31.08x150.99x154.81x36.78x23.76x114.21. Ample on site
parking.
single family residence municipally known as 1188 Frances Street and 295 Ashland Avenue. Building
consists of 2,696 square feet including 715 square feet of office space and 2 washrooms. Two warehouse
areas of 713 and 1,268 square feet. Building has been well maintained. Ceramic flooring and drywall
replaced in the office area, new HVAC in 2019 and the front roof area also replaced in 2019.Single family
residence consists of 3 bedrooms with full basement. updated kitchen, bath and electrical service. Light
industrialzoning-LI1, LI7 & LI8 permits a wide array of uses including building/contracting establishments,
warehouse & wholesale establishments, service repair establishments, light manufacturing. Lot area of
9235.43 sq. ft (0.212 ac) with lot dimensions of 31.08x150.99x154.81x36.78x23.76x114.21. Ample on site
parking.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $899,000 CAD | No. Stories | 1 |
| Price Per SF | $333.46 CAD | Year Built/Renovated | 1950/2010 |
| Sale Type | Owner User | Parking Ratio | 2.23/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 10’ |
| Rentable Building Area | 2,696 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI1, LI7 & LI8, R2-2 | ||
| Price | $899,000 CAD |
| Price Per SF | $333.46 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Rentable Building Area | 2,696 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1950/2010 |
| Parking Ratio | 2.23/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LI1, LI7 & LI8, R2-2 |
1 1
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
70/100
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1188 Frances St
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