187 DUNDAS STREET, London East (East K), Ontario, N6A1G4

Property Description

Mixed-use investment property generating over $63,000 in annual gross income, located on Dundas Place in downtown London. This approximately 2,700 sq ft building features a fully leased main floor commercial space and a fully occupied four-bedroom rooming house with shared common areas above.The commercial space has been recently renovated with updated flooring and washroom facilities. The residential portion offers multiple bedrooms, two full bathrooms, and spacious common areas.Situated on the vibrant Dundas Flex Street with strong visibility and steady tenant demand, this property offers stable income and attractive cap rate potential. Ideal opportunity for investors seeking an affordable downtown mixed-use investment property. (id:64974)

Quick Facts

• Property Type: Residential Commercial Mix
• Bedrooms: None
• Bathrooms: None
• Living Area: 2,700 sq ft (250.8 m²)
• Frontage: 14 ft (4.4 m)

Costs

• Annual Taxes: $9,344.87

Listing Provided by: THRIVE REALTY GROUP INC.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.