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For Sale · London East

532-538 Dundas Street

London, ON · MLS® X13547318

Listing courtesy of THRIVE REALTY GROUP INC.

$1,699,000

532-538 Dundas Street — photo 1
Bedrooms
0
Bathrooms
0
Square Feet
5,000
Year Built
Lot Size
102 × 102 Feet
Property Type
Multiplex
Neighbourhood
London East
Status
For Sale

About this home

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.

Features

  • Basement: Apartment
  • Garage: None
  • 4 parking spaces
  • Cooling: None
  • Heating: Baseboard

Location

Approximate location, geocoded from the listing address.

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