$2,400,000
761 Dundas Street, London East, ON N5W 2Z4
10 beds8 baths4 parking 3500-5000 ft²
Key facts
- MLS®
- X13080062
- Status
- Price Change
- Type
- Multiplex
- Taxes
- $18,227
- Size
- 3500-5000 ft²
- Parking
- 4 total
- Listed
- 2026-05-04
- Brokerage
- THE AGENCY REAL ESTATE
- Cross street
- DUNDAS STREET AND ELIZABETH
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.
IDX listing data provided by AMPRE / TRREB. Information is believed reliable but not guaranteed.