Welcome to a premier investment opportunity in the heart of London! This Licensed, mixed-use property features three well-appointed residential units (LEASED), a prime main -floor commercial space (LEASED), and a potential basement commercial unit, offering a rare blend of residential and commercial income streams. Situated on the highly sought-after "My Dundas Place" corridor, this property is perfectly positioned for both immediate returns and long-term growth. The residential units, thoughtfully configured, ensure high demand and quick occupancy. Notable upgrades include a newer furnace for the commercial unit, modern mini-split systems in residential units 2 and 3, a partially replaced roof, a comprehensive video surveillance system, electronic door locks for each unit, and currently has a rental license. This turnkey property is an investor's dream, combining functionality, location and profitability in one exceptional package.
Address
200 Dundas Street
List Price
$895,000
MLS® Status
Price Change
Expiration Date
2026-12-31
Property Type
Commercial
Type of Dwelling
Store W Apt/Office
Transaction Type
For Sale
Area
London East
Sub-Area
East K
Region
Middlesex
Lot Depth
132.5
Lot Type
Building
Lot Size Units
Acres
Lot Width
18.5
Parcel Number
082640084
Total Building Area
4478
Occupant Type
Tenant
Cross Street
Between Richmond & Clarence
Approx. Age
100+ Years
MLS® Number
X11937786
Listing Brokerage
THRIVE REALTY GROUP INC.
Basement
Yes
Postal Code
N6A 1G7
Posession Details
Flexible
Tax Amount
$18,605.68
Tax Year
2024
Community Features
Public Transit
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling
No
Cooling Features
Yes
New Construction
No
Garage Type
None
Tax Legal Description
PT LT 7 NW DUNDAS ST AS IN W34293; T/W W34293 LONDON
Security Features
No
Sewer
Sanitary
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