$788,000 FOR SALE

Multiplex

Bedrooms: 9Bathrooms: 9Lot: 32.08 x 126.88 ft
2023 Taxes: $10,804

1267 Dundas St
London, ON N5W 3B3 | East M | Middlesex

Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price.

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Listed By CENTURY 21 FIRST CANADIAN CORP
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X9358811
Last Updated Sep 26, 2024
Property Summary
Property Type Multiplex

More like this:
PIN 082910022
Legal Description PT LT 10 PLAN 413 AS IN 837728 LONDON/LONDON TWP
Parcel of Tied Land N
Possession Date Flexible
Taxes (2023) $10,804
Assessment (2024) $420,000
Directions/Cross Streets Oakland Ave and Dundas St
Neighbourhood East M
Area Middlesex
Price History
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Detailed Information
Fronting On N
Property Features Place Of Worship, Public Transit, School, School Bus Route
Special Designations Unknown
Bedrooms 9
Bathrooms 9
Rooms 35
Kitchens 8
Lot 32.08 x 126.88 ft
Approximate Square Footage 3500-5000
Exterior Brick, Vinyl Siding
Air Conditioning None
Family Room N
Fireplace/Stove N
Pool None
Basement Part Bsmt
Drive Private
Garage Spaces 1.0
Garage Type Detached
Parking Spaces 3
Total Parking Spaces 4.0
Retirement N
Heat Source Electric
Heat Type Baseboard
Sewers Sewers
Water Municipal
Zoning AC4 R2
Seller Property Info Statement N
Bathrooms
Pieces Level
3
2

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