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1267 Dundas Street in London for sale

Asking price
$788,000
Estimate (Sep 19)
$793,823
MLS #:
X9358811
Type:
Multiplex, Other
Approx. SQFT:
3500-5000
Basement:
Part Bsmt
9 9
1 32.08 x 126.88 ft lot

Listed by Century 21 First Canadian Corp.

1267 Dundas Street is a Multiplex, Other and is currently for Sale @ $788,000. Taxes in 2023 were $10,804.00.

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Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. The Other on 1267 Dundas Street has 9 bedrooms, 9 bathrooms, and is located on a 126.88 x 32.08 ft lot in the community of East M . 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.

The address 1267 Dundas Street was listed for sale (MLS# X9358811) on Thursday, September 19, 2024.

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  • Date Listed: Thursday, September 19, 2024
  • Listing Brokerage: Century 21 First Canadian Corp - Disclaimer: The information contained in this listing has not been verified by Century 21 First Canadian Corp and should be verified by the buyer.
  • City: London

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  • Neighbourhood: East M
  • Major Intersection: Oakland Ave and Dundas St
  • Full Address: 1267 Dundas Street, London, N5W 3B3, ON, Canada
  • Amenities:
  • Taxes: $10,804.00 (2023)

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