532-538 Dundas Street, London East, ON N6B 1W6 (Dundas St and William St)

Price : $1,799,900.00 , MLS®# : X12894438

Description

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.

Location Description

Dundas St and William St

Property Details
  • Community: East F
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 13541
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Closed
Land (Lot Features)
  • Frontage: 102 sq.ft
  • Land Depth: 102sq.ft

Listing Contracted With: THRIVE REALTY GROUP INC.