187 DUNDAS Street, London East (East K), Ontario N6A1G4

Listing courtesy of THRIVE REALTY GROUP INC..

$499,900
2,700
SqFt

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List Price
$499,900
Status
ACTIVE
Days on Market
180
MLS® #
LondonandStThomasAssociationofREALTORS-X12881824
Living Area
2,700
Subdivision
East K
Neighborhood
East K
MLS Area Major
East K

Property 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. (id:5764)

Additional Information

Taxes
$9,344
Community Features
East K
Heating
Forced air, Natural gas
Air Conditioning
Fully air conditioned

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Calculator source: Real Geeks