Listed for:Listed Sep 18, 2026
$579,000

174 Main Street

Lucan Biddulph (Lucan), ON N0M 2J0

Store W Apt/Office For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 174 Main Street, Lucan Biddulph, Lucan

No listing history available

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About 174 Main Street, Lucan Biddulph, Lucan

Summarized Description

  • Investment opportunity in Lucan, 15 mins North of London.
  • Mixed use property with commercial and residential units.
  • Fully rented with an approximate cap rate of 8%.
  • Prime location with high road and foot traffic.
  • New windows in upper residential unit.
  • 6 parking spots plus public parking nearby.
  • Heat pumps recently installed for efficiency.
  • Potential to live upstairs and rent downstairs.

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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,400
Land Transfer Tax Fee
$8,055

Interior Features

Security Features
No
Fireplace/Stove
No
Elevator
No

Building

Building Type
Store W Apt/Office
Approx Age
100+

Lot

Lot Front
39.16 ft
Lot Depth
1.00 ft

Inclusions

Inclusions
Hot Water Heaters (2)

Exclusions

Exclusions
All tenant belongings to be detailed in the offer process.

Parking & Garages

Garage Type
Lane

Heating & Cooling

Heat Type
Electric Forced Air
Air Conditioning
Yes
Water
Municipal

Municipality
Lucan Biddulph
Neighbourhood
Lucan
Main cross streets
Alice, William
Zoning
C1
Directions
Richmond St. in Lucan, North side, West of Alice same side.

MLS® number
X13806238
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-18
Updated on
2026-09-19
Days on market
31 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
RE/MAX CENTRE CITY REALTY INC.

Home Market Value

Current home valuation for 174 Main Street, Lucan Biddulph, Lucan, Lucan Biddulph, ON. Listed for $579,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 174 Main Street, Lucan Biddulph, Lucan

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Lucan Biddulph, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $79,000 over $500K

Minimum down payment

$32,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$21,840$16,154$13,780$0
=Total mortgage
$567,837$537,254$505,930$463,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,772monthly$2,623monthly$2,470monthly$2,262monthly
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Land Transfer Tax

Provincial

$8,055

Total Land Transfer Tax

$8,055

Around this home

1/100Almost All Errands Require a Car
0/100Minimal Transit
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5.2 /10

Wilberforce

Public·elementary·630m

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