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For sale · MLS® X13080062

761 Dundas Street, London East, ON N5W 2Z4

London East, ON N5W 2Z4

$2,400,000Asking price
MLS entry age: 182 days10 Bedrooms8 Bathrooms— Reported areaMultiplex Type

About this property

Exceptional mixed use investment opportunity at 755-761 Dundas Street. This established income property features 7 residential units and 4 commercial units generating a total gross annual income of $192,030. Current monthly rents total $16,002.51 ($8537.51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633. Listed at a 6.35% Cap rate at an asking price of $2,500,000. All commercial leases include HST. Residential tenants are month to month or long term. Strong diverse tenant mix with minimal vacancy. Stable cash flow in place from day one.

Property facts & features

Days on market
Not reported
Property type
Multiplex
MLS® number
X13080062
Source status
Extension
Bedrooms
10
Bathrooms
8
Neighbourhood
Not provided
Postal code
N5W 2Z4
Kitchens
8
Kitchens above grade
8
Family room / den
No
Interior size (reported range)
3500-5000 (units not reported)
Lot size
Not reported
Lot depth
144.34 ft
Garage parking spaces
Not reported
Total parking spaces
4
Occupancy
Tenant
Possession type
Immediate
Garage
Attached
Annual property tax
18227
Basement
None
Laundry
Not provided
Interior features
None
Exterior features
Not provided
MLS entry age (not confirmed DOM)
182 days

Values and units are reported by the listing source. Verify measurements and fees with the brokerage.

Utilities & included services

Reported utility services
Not reported
Water source
Not reported
Sewer
Sewer
Heating system
Radiant
Heating fuel
Gas
Cooling
Window Unit(s)
Included in rent
Not reported
Included in maintenance
Not reported

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Property summary

761 Dundas Street, London East, ON N5W 2Z4, London East is listed as for sale — Multiplex. Reported details include 10 bedrooms, 8 bathrooms, interior size of 3500-5000 (units not reported). Asking price: $2,400,000. Reported occupancy: Tenant. MLS® X13080062.

Summary of source-reported facts. Verify measurements and listing terms with the brokerage.

Rooms & virtual tours

Room measurements

Room measurement units

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Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Bedrooms above grade
10
Rooms above grade
18
Den / family room reported
No

Reported counts are shown independently. Room dimensions have not been inferred from these counts.

Ask the listing brokerage for floor plans and measured room layouts.

PARTIAL SOURCE RECORD

Listing dates & price record

Asking amount
$2,400,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

Coverage varies by listing. Dates are source-reported calendar dates; only the latest reported asking-price change is shown. This is a partial record.

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Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Location & neighbourhood

Region / county
Middlesex
Municipality
London East
MLS® community
East G

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Listing brokerage: THE AGENCY REAL ESTATE. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X13080062. Information deemed reliable but not guaranteed.

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