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MULTIPLEXACTIVEMLS® X13080062
761 Dundas Street, London East, ON N5W 2Z4
London East, ON, N5W 2Z4
BEDROOMS
10
BATHROOMS
8
LIVING AREA
3500-5000 sqft
KITCHENS
8
PARKING
2
HEATING
Gas
About this residence
Exceptional mixed use investment opportunity at 755-761 Dundas Street. This established income property features 7 residential units and 4 commercial units generating a total gross annual income of $192,030. Current monthly rents total $16,002.51 ($8537.51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633. Listed at a 6.35% Cap rate at an asking price of $2,500,000. All commercial leases include HST. Residential tenants are month to month or long term. Strong diverse tenant mix with minimal vacancy. Stable cash flow in place from day one.
Property details
- Property type
- Multiplex
- Total rooms
- 18
- Garage
- Attached
- Parking spaces
- 2
- Annual taxes
- $18,227 (2026)
- Possession
- Immediate
- Directions
- Dundas and Elizabeth Street
Location
COMPARABLE IN LONDON EAST
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