1267 Dundas St

London

1267 Dundas St
1267 Dundas St
1267 Dundas St
+10
9
 bed
9
 bath
4
 parking
3500 - 5000
 sqft
Multiplex
$788,000
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$788,000
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Size
-
Lot size
378.12 sqm
Street frontage
N
Possession
Flexible
Price per sqm
$1,695 - $2,425
Taxes
$10,804 (2023)
Parking Type
Detached Garage
Style
Other
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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.

EXTRAS:
Broker: CENTURY 21 FIRST CANADIAN CORP
MLS®#: X9358811
Property details
Parking:
4
Parking type:
Detached Garage
Property type:
Multiplex
Heating type:
Baseboard
Style:
Other
MLS Size:
325-465 sqm
Lot front:
9.75 M
Lot depth:
38.71 M
Listed on:
Sep 20, 2024
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Instant estimate:
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$8,695
higher than listed price
i
High
$847,879
Mid
$796,695
Low
$775,022
610 Princess Ave
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Alexia Lewis
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X9358811
Listed by CENTURY 21 FIRST CANADIAN CORP

About 1267 Dundas St

Located at 1267 Dundas St, this London multiplex is available for sale. This 3500-5000 sqft multiplex was listed at $788000 in September 2024 and has 9 beds and 9 bathrooms.

For groceries or a pharmacy you'll likely need to hop into your car as there is not much near this multiplex.

Getting around the area will require a vehicle, as there are no nearby transit stops.