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1267 DUNDAS STREET
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1267 DUNDAS STREET $728,000
1 day ago
$728,000
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1267 DUNDAS STREET
London, Ontario N5W3B3

MLS® Number: X11898941
9
Bedrooms
9
Bathrooms
3500 - 5000
Square Feet

Listing Description

This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66,168 (projected to increase to $73,368) and a net income of $33,372 (projected to grow to $40,572), this property is a true income-generator. Each of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential! (39649268)

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
1 day

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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