← Multi-unit homes, for sale

Multiplex · For sale

761 Dundas Street, London East

$2,400,000

Listing brokerage: THE AGENCY REAL ESTATE · MLS® X13080062

Property report for this address · zoning, second units, flood, schools (public records)

Listing brokerage
THE AGENCY REAL ESTATE
Type
Multiplex
Deal
For sale
Category
Residential · Multi-unit homes
Bedrooms
10
Bathrooms
8
Size
3500-5000 sq ft
Lot
37.79 x 144.34 ft
Area
East G
MLS® number
X13080062

Description

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.

Public records · not part of the MLS® listing

Before you offer: public records for this address

Looking up flood, heritage, permits and planning records…