Description

Excellent Investment opportunity in the heart of Downtown London. 207 Dundas Street is a Fully leased mixed-use building ideally located near the prominent corner of Dundas Street and Clarence Street, within close proximity to major downtown amenities, restaurants, entertainment venues, offices, and public transit. This well-maintained 3-storey building with basement comprises a main floor commercial retail unit of approximately 1,500 SF, plus a usable basement complete with washroom and shower facilities, along with 3 residential apartments consisting of one 1-bedroom unit, one 2-bedroom unit, and one 2-bedroom loft unit. The property has been well maintained with recent upgrades to the residential units and offers stable cash flow with 100% occupancy in place. Current gross annual income exceeds $82,814 per year, with net operating income exceeding $55,195 annually. An excellent opportunity for investors seeking a fully leased mixed-use asset with strong income generation and long-term upside potential in London's growing downtown core. Asking Price: $849,000 Site Area: 0.045 Acres Zoning: DA1 - Permits a wide range of uses.

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