1 of 4 - 761 Dundas Street, London East (East G), Ontario
2 of 4 - 761 Dundas Street, London East (East G), Ontario
3 of 4 - 761 Dundas Street, London East (East G), Ontario
4 of 4 - 761 Dundas Street, London East (East G), Ontario
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761 Dundas Street, London East (East G), Ontario

$2,400,000

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10

Beds

8

Baths

About 761 Dundas Street

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. (id:6289)

Features of 761 Dundas Street

Listing # X13080062
Price $2,400,000
Bedrooms 10
Bathrooms 8.00
Type Multi-family
Sub-Type Other

Community Information

Address 761 Dundas Street
Area East G
Subdivision East G
City London East (East G)
Province Ontario
Postal Code N5W2Z4

Amenities

Parking Spaces 4
Parking Attached Garage, Garage
Garages Attached Garage, Garage
Is Waterfront No
Has Pool No

Interior

Heating Radiant heat, Natural gas
Cooling Window air conditioner
Fireplace No
# of Stories 2
Has Basement No
Basement None

Exterior

Exterior Brick, Aluminum siding
Lot Description 37.8 x 144.3 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61

Listing Details

OfficeTHE AGENCY REAL ESTATE

Listing Map

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