1062 -1064-1066 Dundas St E
London, N5W3A6
For Sale
$999,900
➧
➧
Multi-Use
CATEGORY4,500 Sq Ft
TOTAL AREAX7387926
MLSIDContact Us
Property Description
Excellent high visibility corner of Dundas and Dorinda. 3 buildings abutting. Presently laundromat (1062 Dundas) owner operated earns $50k-$60k annually business included. 1064 Dundas rented to a barber shop with annual income $10,200 plus utilities for decades. 1066 Dundas $700 SQFT vacant retail store with bathroom & two bedroom apartment with potential annual income $36,000 plus utilities. Also, there is a one bedroom apartment at rear part of property with a separate entrance which is occupied by the owner- it could be rented for another $1000 plus each month as a bonus. Basement are partially finished are currently used for the owner's workshop. Cash flow earns. The owner is selling for retirement. Property is sold "as is". Property in need of extensive renovations with great potential. The BDC Zone variation provides a WIDE mix of retail, restaurant, and neighbourhood facility, office, and residential uses which are appropriate in all Business District Commercial Zone variation
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Extras
Property to be sold in "as is" condition with no warranties or financials available as the Seller is elderly and in poor health. HST in addition to purchase price.
Property Details
Category
Multi-Use
Usage
Other
Zoning
Bdc
Total Area
4,500 Sq Ft
Office/Apartment Area
1,200 Sq Ft
Retail Area
2,400 Sq Ft
Lot Size
50' x 108'
Taxes
$6,606 (2023)
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Listing contracted with Century 21 First Canadian Corp.
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