198 Dundas Street, London East, ON N6A 1G7

London East N6A 1G7 Ontario

MLS: X12118285

$1,499,000

Added 30 days ago | For Sale

Listed by: RE/MAX ATRIUM HOME REALTY

About Property

Prime Investment Opportunity In The Heart Of Downtown London! Rare Chance To Own A Four-Storey Mixed-Use Commercial And Residential Building In A High-Demand Core Downtown Location.Main Floor: Currently Leased To A Well-Established Indian Restaurant Generating Stable Rental Income.Basement: Also Leased To The Restaurant, Providing Additional Income.Second Floor: A Spacious 3-Bedroom Apartment With A Kitchen And Washroom.Third Floor: A 2-Bedroom Apartment Featuring A Kitchen, Washroom, And Private Patio.Fourth Floor: An Open-Concept Space Ready To Be Customized By The New Owner Or Tenant To Suit Their Needs. Additional Features Include Two Dedicated Parking Spaces And Ample Additional Parking At The Rear Of The Building. Situated In A Convenient Location Surrounded By Government Buildings, Banks, Colleges, Hotels, And Shopping Centres. Zoned DA (Downtown Area), Allowing For A Wide Variety Of Commercial And Residential Uses Such As Retail, Entertainment, Hotel, Clinic, Studio, Private Club, And Rental Apartments. This Property Offers Strong Rental Income And Excellent Potential For Long-Term Value Appreciation. Don't Miss The Great Opportunity!

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size: 18.97 X 132.34
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Dundas St & Richmond St
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $16586.03
  • Bedrooms:
  • Total Parking Spaces:2
  • Parking Places:2
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12118285

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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