1267 Dundas St
$728,000
$728,000

1267 Dundas St

East M, London, Middlesex $728,000

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9 Beds
9 Baths
3500-5000 sqft
Detached Garage
with 1 Spaces
Parking for 3
N Facing
Zoning: AC4 R2
MLS®#:
X11898941
Property Type:
Multiplex
Property Style:
Other
Area:
Middlesex
Community:
East M
Taxes:
$10,804 / 2023
Added:
December 20 2024
Lot Frontage:
32.08
Lot Depth:
126.88
Status:
Active
Outside:
Brick
Year Built:
Basement:
Part Bsmt
Brokerage:
CENTURY 21 FIRST CANADIAN CORP
Lot (Feet):

126

32

Intersection:
Oakland Ave and Dundas St
Rooms:
35
Bedrooms:
9
Bathrooms:
9
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Baseboard
Heating Fuel:
Electric

Listing 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!


Property Features

Place Of Worship
Public Transit
School
School Bus Route

Sale/Lease History of 1267 Dundas St

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East M home prices

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