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1267 Dundas St

Dundas St, East London, London, ON, N5W 3B3

9
Beds
9
Baths
3,499 - 4,999
Sq. Ft.
$788,000
List Price
Details
Photos
13
Comparables
History
1267 Dundas St, London, ON - 1 of 3
1267 Dundas St, London, ON - 2 of 3
1267 Dundas St, London, ON - 3 of 3
New
10 days on market

Quick Summary

  • Profitable 8-unit multi-family investment
  • Projected gross income of $73,368
  • Projected net income of $40,572
  • Fully rented with 5 one-beds, 1 bachelor, 2 two-beds
  • 5 parking spots and 1 single-car garage
  • Unfinished basement with 2pc bathroom
  • Plumbing for potential laundry setup
  • Basement space for workshop or storage

Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor... Show More

Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. (id:54626)

Property Details

Size

3,499 - 4,999 sq. ft.
9 Beds
9 Above Grade
9 Baths
8 Full - 1 Partial

Parking

4 Parking Spaces
Detached Garage

Lot

Size
385′0″ * 1522′0″
Acres
-

Build

Year Built
-
Model Name
-
Basement
-
Exterior
Brick, Vinyl siding
Foundation
Block
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Baseboard heaters
Cooling
-

Utilities

Water
Municipal water
Sewer
Sanitary sewer
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X9358811
Last Updated
September 26, 2024
Brokerage
CENTURY 21 FIRST CANADIAN CORP
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Call us 800-591-0566

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