FOR SALE
761 Dundas Street
10 Bedrooms8 Bathrooms3500-5000 Sq. Ft.Residential Freehold Property Type
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MLS® X13080062
761 Dundas Street, London East, ON N5W 2Z4
London East N5W 2Z4
$2,400,000
10
Beds
Beds
8
Baths
Baths
3500-5000 sq ft
Sq Ft
Sq Ft
Residential Freehold
Property Type
Property Type
- Property photo for MLS X13080062
- Property photo for MLS X13080062
- Property photo for MLS X13080062
About This Home
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.
Property Details
MLS® Number
X13080062
X13080062
Property Type
Residential Freehold
Residential Freehold
Bedrooms
10
10
Bathrooms
8
8
Living Area
3500-5000 sq ft
3500-5000 sq ft
List Price
$2,400,000
$2,400,000
LISTING BROKERAGETHE AGENCY REAL ESTATE
MLS®X13080062
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