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761 Dundas Street London East, Ontario N5W 2Z4

10 Bedroom 8 Bathroom 3500 - 5000 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:61445)

Property Details

MLS® Number X13080062
Property Type Multi-family
Community Name East G
ParkingSpaceTotal 4

Building

BathroomTotal 8
BedroomsAboveGround 10
BedroomsTotal 10
BasementType None
CoolingType Window Air Conditioner
ExteriorFinish Aluminum Siding, Brick
HeatingFuel Natural Gas
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 3500 - 5000 Sqft
Type Other
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 144 Ft ,3 In
SizeFrontage 37 Ft ,9 In
SizeIrregular 37.8 X 144.3 Ft ; 144.20 Ft X 37.53 Ft X 144.33 Ft X 34.61
SizeTotalText 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

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Jeff Wybo
Broker


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

Mazen Joukhaji
Salesperson


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

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