187 DUNDAS Street, London East, ON N6A 1G4

London East N6A 1G4 Ontario

MLS: X12881824

$499,900

Added 8 hours ago | For Sale

Listed by: THRIVE REALTY GROUP INC.

About Property

Mixed-use investment property generating over $63,000 in annual gross income, located on Dundas Place in downtown London. This approximately 2,700 sq ft building features a fully leased main floor commercial space and a fully occupied four-bedroom rooming house with shared common areas above.The commercial space has been recently renovated with updated flooring and washroom facilities. The residential portion offers multiple bedrooms, two full bathrooms, and spacious common areas.Situated on the vibrant Dundas Flex Street with strong visibility and steady tenant demand, this property offers stable income and attractive cap rate potential. Ideal opportunity for investors seeking an affordable downtown mixed-use investment property.

Features

  • House Style:Store W Apt/Office
  • Bathrooms:
  • Land Size: 14.3 X 0
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:RICHMOND STREET & DUNDAS STREET
  • Basement: ,
  • Possession Date:FLEX
  • Annual Property taxes: $9344.87
  • Bedrooms:
  • Total Parking Spaces:0
  • Parking Places:0
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:X12881824

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