680 Dundas Street, London, ON N5W 2Z4

$774,900
5
BD
6
BA
List Price
$774,900
Status
CONDITIONAL
MLS#
40116100
Year Built
1929
Bedrooms
5
Bathrooms
6
Major Area
Middlesex County
District
East
Subdistrict
East G

Property Description

Welcome to 680 Dundas Street in the Old East Village of London, Ontario. This rare opportunity doesn't come often to own a piece of history in the Old East, especially a corner building! Four residential units, and two commercial units located within. The commercial unit has a wide zoning application giving you the ability to open a restaurant, retail shop, barber, or just about any business you've always dreamt of! The area is currently undergoing a construction project aimed to be completed by end of 2021 and will provide additional street parking, larger sidewalks to encourage foot traffic, increased street appeal, integrated transit systems, and bike routes. Located near numerous local shops, Old East continues to attract shoppers and tourists. Some of the most popular locations being 100 Kellog Lane, an activity centre otherwise known as The Factory, Western Fair Farmers Market, the annual Western Fair in the Fall, the casino, and within walking distance to Downtown London. The operating income of $74,810.00 is estimated based on obtaining $1,300.00 for the commercial storefront, the owner currently occupying and will be vacating on closing, and obtaining $1,225.00 for the currently vacant upstairs unit.

Additional Information

Interior Features
Water Heater Owned
Basement
Yes
Sewer
Sewer (Municipal)
Cooling
Central Air, Window Unit
Exterior Features
Lighting

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP., BROKERAGE.

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