For Sale: 761 Dundas Street, London East, ON N5W 2Z4, London East, ON

FOR SALE

761 Dundas Street

10 Bedrooms8 Bathrooms3500-5000 Sq. Ft.Residential Freehold Property Type
$2,400,000Request a ShowingView Saved Homes
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For Sale: 761 Dundas Street, London East, ON N5W 2Z4, London East, ON - Property Photo

MLS® X13080062

761 Dundas Street, London East, ON N5W 2Z4

London East   N5W 2Z4

$2,400,000

10
Beds
8
Baths
3500-5000 sq ft
Sq Ft
Residential Freehold
Property Type

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
Property Type
Residential Freehold
Bedrooms
10
Bathrooms
8
Living Area
3500-5000 sq ft
List Price
$2,400,000

LISTING BROKERAGETHE AGENCY REAL ESTATE
MLS®X13080062

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