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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.

Location Description

RICHMOND STREET & DUNDAS STREET

Property Detail

  • Community: East K
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 9344.87
  • sqft

Facts and Features

  • Parking Type : None

Amenities

  • Heating : Gas Forced Air Open
  • Sewer : Sanitary+Storm ,

Listing Contracted With: THRIVE REALTY GROUP INC.

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