London, ON N5W3B3,1267 DUNDAS STREET
London, ON N5W3B3,1267 DUNDAS STREET
London, ON N5W3B3,1267 DUNDAS STREET
13
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$788,000
Est. payment /mo
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9 BD
9 BA
3,499 SqFt
Active

1267 DUNDAS STREET London, ON N5W3B3

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,499 sqft

Price per Sqft $225

Subdivision East M

MLS® Listing ID X9358811

Bedrooms 9

Half Baths 1

Originating Board London and St. Thomas Association of REALTORS®

Property Description

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. (id:24570)

Location

Province ON

Interior

Heating Baseboard heaters

Exterior

Garage Yes

Community Features School Bus

Waterfront No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Sewer Sanitary sewer


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Listed by CENTURY 21 FIRST CANADIAN CORP

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Peter Twolan

Broker | License ID: 4779593

+1(613) 668-8422

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1267 DUNDAS STREET