1267 Dundas Street No longer available

London, East M, N5W 3B3

$788,000

Description

Listed by CENTURY 21 FIRST CANADIAN CORP.

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.

Location

View Map
  • Address: 1267 Dundas Street
  • Neighborhood: East M
  • City: London
  • State: Ontario
  • Postal Code: N5W 3B3

Property Details

  • Property ID: X9358811
  • Property Price: $788,000
  • Style: Multiplex, Other
  • Sq/Ft: 3500-5000
  • Rooms: 35
  • Bedrooms: 9
  • Bath: 9
  • Garages Spaces: 1
  • Garage: Detached
  • Parking Spaces: 4
  • Basement: Part Bsmt
  • Den: N
  • Exterior: Brick, Vinyl Siding
  • Heating: Baseboard
  • Fireplace: N
  • Taxes: $10,804.00 (2023)
  • Lot: 126.88x32.08 (Feet)

Contact Manoj Kukreja

Sales Representative, Re/max Premier Inc., Brokerage
(647) 576 - 2100