$885,000
720 Dundas Street, London East, ON N5W 2Z4


London East, ON N5W 2Z4
10 Bed · 8 Bath · Multiplex
MLS #X13080062
Listed Price
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.
Bedrooms
10
Bathrooms
8
Square Feet
3500-5000 sqft
Property Type
Multiplex
Your Agent
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Contact OVAIS QASSIM
761 Dundas Street, London East, ON N5W 2Z4 is a 10-bedroom, 8-bathroom 2-storey multiplex with approximately 3500-5000 square feet of living space, situated on a 38 144 foot lot. This property is currently for sale at $2,400,000. The home features a attached garage.
This home is located in East G, part of London East in the Middlesex area. Explore more homes for sale and recently sold properties in this neighbourhood.
Whether you are looking to buy, sell, or lease in East G, our team of experienced real estate professionals can help you navigate the market and find the perfect home. Contact us today for a free consultation.
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