174 Main Street
Lucan, Lucan Biddulph, N0M 2J0
$579,000
Listed 31 days ago · MLS® X13806238
About this home
Don't miss this great investment opportunity in the heart of the Lucan, 15 mins North of London. This mixed use commercial and residential property is located in a prime location on Richmond St./Hwy 4 with ample road and foot traffic. C1 commercial zoning with 2 commercial units on the main and 1 residential (2 bed) in the upper - all fully rented with an approximate cap rate of 8%. Unit 1 operating as a Barber Shop and unit 2 operating as a Pet Food Store. There are 6 parking spots with the property along with road parking and a public parking lot across the street. 2 heat pumps recently installed, 1 for upper, 1 for main. All new windows in the upper residential unit. Have your mortgage paid while living upstairs and renting the downstairs or simply add this entire property to your investment portfolio. Don't miss your chance to capture the energy in this vibrant growing town.
Details
- Type
- Store W Apt/Office
- Age
- 100+ years
- Lot
- 39.16 × 1 ft
- Garage
- Lane
- Property tax
- $1,400 (2025)
- Neighbourhood
- Lucan
- Municipality
- Lucan Biddulph
Heating, cooling and services
- Heating
- Electric Forced Air
- Air conditioning
- Yes
- Utilities
- Yes
Building and exterior
- Age
- 100+
- Building area
- 2,255 Square Feet
More
- Possession
- Flexible
- Cross street
- Alice, William
History of this address
2 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 1 grocery store, 3 cafés and restaurants, 1 park, 1 pharmacy. Nearest grocery: Foodland (50 m). Nearest park: Lucan Optimists Elm Street Park (450 m).
Schools nearby
Elementary
- Wilberforce Public School
EQAO: Gr 6 reading 88%, math 53%11 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N0M
- Owners / renters
- 82% / 18%
- Median household income
- $91,000
- Average age
- 44
- Children under 15
- 17%
- Homes
- 85% detached, 0% high-rise
- Commute by transit
- 0%
- Population
- 69,177
Languages spoken most at home besides English: German 0.3%, Dutch 0.2%, Spanish 0.1%, Pennsylvania German 0.1%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
To downtown London: 26 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX CENTRE CITY REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.