ON > London > East M
London, ON N5W 3B3,1267 Dundas ST
London, ON N5W 3B3,1267 Dundas ST
London, ON N5W 3B3,1267 Dundas ST
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$728,000
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9 Beds
9 Baths
New

1267 Dundas ST London, ON N5W 3B3

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision East M

MLS Listing ID X12060021

Style Other

Bedrooms 9

Annual Tax Amount $10,804

Tax Year 2024

Property Sub-Type Multiplex

Lot Depth 126.88

Lot Front 32.08

Property Description

This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66,168 (projected to increase to $73,368) and a net income of $33,372 (projected to grow to $40,572), this property is a true income-generator. Each of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential!

Location

Province ON

County Middlesex

Community East M

Area Middlesex

Rooms

Family Room No

Basement Partial Basement

Kitchen 8

Interior

Interior Features Water Heater Owned

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 32.08

Lot Depth 126.88

Total Parking Spaces 4

Building

Unit Features Public Transit,School Bus Route,School,Place Of Worship

Foundation Block

Listed by CENTURY 21 FIRST CANADIAN CORP

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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