$999,900 FOR SALE

Commercial/Retail

Lot: 50.06 x 108.27 ftTotal Area: 4,500 ft2 divisible
2023 Taxes: $6,605.65

1062 Dundas St E
London, ON N5W 3A6 | East G | Middlesex

Excellent high visibility corner of Dundas and Dorinda. 3 buildings abutting. Presently laundromat (1062 Dundas) owner operated earns $50k-$60k annually business included. 1064 Dundas rented to a barber shop with annual income $10,200 plus utilities for decades. 1066 Dundas $700 SQFT vacant retail store with bathroom & two bedroom apartment with potential annual income $36,000 plus utilities. Also, there is a one bedroom apartment at rear part of property with a separate entrance which is occupied by the owner- it could be rented for another $1000 plus each month as a bonus. Basement are partially finished are currently used for the owner's workshop. Cash flow earns. The owner is selling for retirement. Property is sold "as is". Property in need of extensive renovations with great potential. The BDC Zone variation provides a WIDE mix of retail, restaurant, and neighbourhood facility, office, and residential uses which are appropriate in all Business District Commercial Zone variation

Extras
Property to be sold in "as is" condition with no warranties or financials available as the Seller is elderly and in poor health. HST in addition to purchase price.

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Listed By CENTURY 21 FIRST CANADIAN CORP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X7387926
Last Updated Sep 24, 2024
Property Summary
Property Type Commercial/Retail

More like this:
Category Multi-Use
Occupancy Own+Ten
Possession Date no financials
Taxes (2023) $6,605.65
Tax Type Annual
Directions/Cross Streets Dorinda st
Neighbourhood East G
Area Middlesex
Price History
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Detailed Information
Freestanding Y
Lot 50.06 x 108.27 ft
Retail Area 2,400 ft2
Office/Apt Area 1,200 ft2
Total Area 4,500 ft2 divisible
Approximate Age 31-50
Air Conditioning Part
Basement Y
Garage Type None
Heat Type Gas Forced Air Closd
Area Influences Major Highway, Public Transit
Sprinklers Y
Utilities A
Water Municipal
UFFI No
Clear Height 9 feet
Lot/Bldg/Unit Code Lot
Zoning BDC
Seller Property Info Statement N

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