1267 Dundas St

East M, London, N5W 3B3
FOR SALE
$788,000
1267 Dundas St, London
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
1267 Dundas St
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9
BEDROOMS
9
BATHROOMS
8
KITCHENS
35
ROOMS
X9358811
MLSID
Contact Us
Property Description
Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. 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.
Property Features
Place Of Worship, Public Transit, School, School Bus Route
Property Details
Street
Community
City
Property Type
Multiplex, Other
Approximate Sq.Ft.
3500-5000
Lot Size
32' x 127'
Fronting
North
Taxes
$10,804 (2023)
Basement
Part Bsmt
Exterior
Brick, Vinyl Siding
Heat Type
Baseboard
Heat Source
Electric
Air Conditioning
None
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
Listing contracted with Century 21 First Canadian Corp.
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