1267 DUNDAS STREET, London, ON N5W3B3 – X12060021

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Katie Van Nes

katie@mostreferred.expert +1(604) 855-8228

$ 728,000

Est. payment | -/mo

9 Beds

9 Baths

3,499 SqFt

Save

$ 728,000

Est. payment | -/mo

Save

9 Beds

9 Baths

3,499 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,499 sqft

Price per Sqft $208

Subdivision East M

MLS® Listing ID X12060021

Bedrooms 9

Half Baths 1

Originating Board London and St. Thomas Association of REALTORS®

Property 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! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Baseboard heaters

Exterior

Parking Features Yes

Community Features School Bus

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Sewer Sanitary sewer

Listed by CENTURY 21 FIRST CANADIAN CORP

"Unlock the door to your dream home with Katie, where professionalism meets passion in the world of real estate. We don't just sell properties; we curate lifestyles. Let us guide you through the doorway to exceptional living, turning houses into homes and dreams into addresses. Your key to a brighter future starts here – because home is where the heart is, and we're here to help you find yours. Trust [Your Name] for a seamless journey to your next chapter. Welcome home!"

+1(604) 855-8228

katie@mostreferred.expert

202-15388 24th Avenue, Surrey, V4A, 2J2, Canada

1267 DUNDAS STREET London, ON N5W3B3