187 DUNDAS STREET
London East (East K), Ontario
MLS® X12881824
$499,900
- Status
- Active
- Property type
- Retail
- MLS® number
- X12881824
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 20Listing description
Mixed-use investment property generating over $63,000 in annual gross income, located on Dundas Place in downtown London. This approximately 2,700 sq ft building features a fully leased main floor commercial space and a fully occupied four-bedroom rooming house with shared common areas above. The commercial space has been recently renovated with updated flooring and washroom facilities.
The residential portion offers multiple bedrooms, two full bathrooms, and spacious common areas. Situated on the vibrant Dundas Flex Street with strong visibility and steady tenant demand, this property offers stable income and attractive cap rate potential. Ideal opportunity for investors seeking an affordable downtown mixed-use investment property.
Property summary
- MLS® number
- X12881824
- Property type
- Retail
- Building type
- Residential Commercial Mix
- Square footage
- 2,700 sq ft
- Land size
- 14.3 FT ; 14.35 ft x 99.09 ft x 13.86 ft x 99.10 f
- Annual property taxes
- $9,344.87
- Days on market
- 169 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Lot features
- Irregular lot size
What would this home cost you?
Based on the $499,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of THRIVE REALTY GROUP 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.