761 Dundas Street London East, Ontario N5W 2Z4

10 Bedroom 8 Bathroom 3,500 - 5,000 sqft
Window Air Conditioner Radiant Heat

$2,500,000

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:38604)

Property Details

MLS® Number X13080062
Property Type Multi-family
Community Name East G
Parking Space Total 4

Building

Bathroom Total 8
Bedrooms Above Ground 10
Bedrooms Total 10
Basement Type None
Cooling Type Window Air Conditioner
Exterior Finish Aluminum Siding, Brick
Heating Fuel Natural Gas
Heating Type Radiant Heat
Stories Total 2
Size Interior 3,500 - 5,000 Sqft
Type Other
Utility Water Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 144 Ft ,3 In
Size Frontage 37 Ft ,9 In
Size Irregular 37.8 X 144.3 Ft ; 144.20 Ft X 37.53 Ft X 144.33 Ft X 34.61
Size Total Text 37.8 X 144.3 Ft ; 144.20 Ft X 37.53 Ft X 144.33 Ft X 34.61

https://www.realtor.ca/real-estate/29697176/761-dundas-street-london-east-east-g-east-g

Contact Us

Contact us for more information

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Jeff Wybo
Broker

(519) 472-0990

The Agency Real Estate
304-1886 Oxford Street West
London, Ontario N6K 0J8

(519) 472-0990

Mazen Joukhaji
Salesperson

(519) 701-9143

The Agency Real Estate
304-1886 Oxford Street West
London, Ontario N6K 0J8

(519) 472-0990

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