13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $210k with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.
| MLS # | X13547318 |
|---|---|
| Listing Type | For Sale |
| Style | Other |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 60 |
| Listing Provided By | THRIVE REALTY GROUP INC. | X13547318 396202 |
| Basement | Y |
|---|---|
| Acreage | 0.24 |
| Water Front | None |
| Interior Features | Other |
|---|---|
| Cooling | None |
| Heat Source | Electric |
| Fireplace Yes / No | No |
| Roof | Other |
|---|---|
| Foundation Details | Other |
| Construction Materials | Other |
| Garage Yes / No | No |
|---|
| Sewer | Sewer |
|---|
| Tax Annual Amount | 13541 |
|---|---|
| Tax Legal Description | *R |
| Tax Year | 2025 |
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N6B 1W6 |
| Area | East F |
| Listing VS Median (in N6B 1W6) | |
Price: $1,699,000 low | high Med: $850,100 On site: 60 low | high Med: 58.5 | |
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N6B 1W6 |
| Area | East F |
| Listing VS Median (in N6B 1W6) | |
Price: $1,699,000 low | high Med: $850,100 On site: 60 low | high Med: 58.5 | |