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.
Address
532-538 Dundas Street
List Price
$1,899,900
MLS® Status
New
Expiration Date
2026-08-18
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
London East
Sub-Area
East F
Region
Middlesex
Lot Depth
102
Lot Type
Lot
Lot Size Units
Feet
Lot Width
102
Total Building Area
6729
Occupant Type
Tenant
Cross Street
Dundas St and William St
MLS® Number
X12894438
Listing Brokerage
THRIVE REALTY GROUP INC.
Postal Code
N6B 1W6
Posession Details
Flexible
Tax Amount
$13,541.00
Tax Year
2025
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
None
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