ON > London > East M
London, ON N5W 3B3,1267 Dundas ST
London, ON N5W 3B3,1267 Dundas ST
London, ON N5W 3B3,1267 Dundas ST
London, ON N5W 3B3,1267 Dundas ST
London, ON N5W 3B3,1267 Dundas ST
London, ON N5W 3B3,1267 Dundas ST
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 728,000
Est. payment | /mo

9 Beds

9 Baths

Save
$ 728,000
Est. payment | /mo
Save

9 Beds

9 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision East M

MLS Listing ID X12060021

Style Other

Bedrooms 9

Annual Tax Amount $10,804

Tax Year 2024

Property Sub-Type Multiplex

Property Description

This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66,168 (projected to increase to $73,368) and a net income of $33,372 (projected to grow to $40,572), this property is a true income-generator. Each of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential!

Location

Province ON

County Middlesex

Community East M

Area Middlesex

Rooms

Family Room No

Basement Partial Basement

Kitchen 8

Interior

Interior Features Water Heater Owned

Cooling None

Fireplace No

Heat Source Electric

Exterior

Parking Features Private

Garage Spaces 1.0

Pool None

Roof Type Asphalt Shingle,Flat

Lot Frontage 32.08

Lot Depth 126.88

Total Parking Spaces 4

Building

Unit Features Public Transit,School Bus Route,School,Place Of Worship

Foundation Block

Listed by CENTURY 21 FIRST CANADIAN CORP
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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