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1267 Dundas Street Image 1

$728,000

Apr 3Multiplex For Sale
bedrooms9bed
washrooms5bath
MLS - #X12060021

1267 Dundas Street, London East, ON N5W 3B3

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Similar Homes Found
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Average Price
72800000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Multiplex

Lot size

N/A

Style

Other

Approx. Area

N/A

About 1267 Dundas Street

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!

Home Overview

Last updated

3 days ago

Virtual tour

None

Basement information

Partial Basement

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

--

Listed by CENTURY 21 FIRST CANADIAN CORP

Additional Details

Basement:Partial Basement
Cooling:None
Heating:Baseboard
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

Location

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Walk Score for 1267 Dundas Street

Some information about this property - Dundas Street

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