$1,899,900

Multiplex

532-538 Dundas Street, London East, ON

2 DAYS
0
5,000
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Listed by THRIVE REALTY GROUP INC.

Property Highlights

Parking

4 spaces

Property Tax

$13,541/yr

Lot Size

10,404 sqft

Style

Other

Basement

Apartment

Monthly Cost

$9,151/mo

About This Home

13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.

Monthly Cost

Monthly Mortgage$8,023
Property Tax ($13,541/yr)$1,128
Total$9,151

Price & Listing History

Schools

Location

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Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage