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
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Other
Transaction Type
Sale
Area
London East
Sub-Area
East F
Region
Middlesex
Floor Area
5000 + Sq. Ft.
Lot Depth
102
Lot Size Units
Feet
Lot Width
102
Occupant Type
Tenant
Cross Street
Dundas St and William St
MLS® Number
X12900270
Listing Brokerage
THRIVE REALTY GROUP INC.
Basement Area
Apartment
Postal Code
N6B 1W6
Posession Details
Flexible
Parking Places (Total)
4
Parking Spaces
4
Tax Amount
$13,541.00
Tax Year
2025
Site Influences
Library, Place Of Worship, School
Interior Features
Other
Property Features
Place Of Worship, Library, School
Central Vacuum
No
Family Room
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
London and St. Thomas Association of REALTORS
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Other
Direction Faces
North
Fireplace
No
Foundation Details
Other
Garage
No
Garage Type
None
Pool Features
None
Roof
Other
Tax Legal Description
*R
Waterfront
No
Waterfront
None
Sewer
Sewer
Login To View 6 Additional Details On 532-538 Dundas Street
Get instant access to more information with a free account.
Already have an account? Login