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1267 DUNDAS STREET
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1267 DUNDAS STREET $788,000
$788,000
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1267 DUNDAS STREET
London, Ontario N5W3B3

MLS® Number: X9358811
9
Bedrooms
9
Bathrooms
3500 - 5000
Square Feet

Listing Description

Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. (36802753)

Location Description

Oakland Ave and Dundas St

Property Summary

Property Type
Multi-family
Building Type
Other
Square Footage
3500 - 5000 sqft
Community Name
East M
Land Size
32.1 x 126.9 FT
Annual Property Taxes
$10,804
Parking Type
Detached Garage
Time on REALTOR.ca
62 days

Building

Bedrooms
Above Grade
9
Bathrooms
Total
9
Partial
1
Interior Features
Appliances Included
Water Heater, Refrigerator, Stove
Basement Type
Partial
Building Features
Foundation Type
Block
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
School Bus
Amenities Nearby
Public Transit, Schools, Place of Worship
Parking
Parking Type
Detached Garage
Total Parking Spaces
4

Measurements

Square Footage
3500 - 5000 sqft

Land

Lot Features
Frontage
32 ft ,1 in
Land Depth
126 ft ,10 in
Other Property Information
Zoning Description
AC4 R2
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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