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Renanza Realty
For sale

1544 DUNDAS STREET

London East (East H), Ontario

MLS® X14182130

$899,000

Status
Active
Property type
Retail
MLS® number
X14182130
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

Prime investment opportunity located at the corner of Dundas and First Streets. This is a free standing building with main floor consisting of 1,639 square feet which was completely re-built by the previous tenant, Salvatore Pizza and is now leased toWiNGS4Ut at $23. 00 per square lease expiring on November 30, 2020.

Net annual rent is $37,697. 00. Lower level consisting of approximately 1,750 square feet is leased to Ruhaniyat Fashion Ltd.

at $1,000. 00 plus utilities on a gross basis. Net annual income for total building is $49,697.

99. Cap rate of 5. 6%.

On site parking for appproximately10 cars.

Property summary

MLS® number
X14182130
Property type
Retail
Size
3,139 sq ft
Land size
45.5 x 99.69 FT
Annual property taxes
$10,099.46
Parking
10 spaces
Days on market
0 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $899,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,183 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX CENTRE CITY REALTY INC, LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.