207 Dundas StreetLondon East, Middlesex, ON, N6A 1G4
207 Dundas StreetLondon East, Middlesex, ON, N6A 1G4
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Listing History
Buy/sell history for 207 Dundas Street, London East, ON N6A 1G4
| Date Start | Date End | Event | Price | MLS# |
|---|---|---|---|---|
0 Transactions by CPRB Agents
Top Agents in London East
Description
Excellent investment opportunity in the heart of Downtown London. 207 Dundas Street is a 100 % Occupied & 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. Gross Income: $84,930 per year. Net Income: $57,311 per year. New Improved Asking Price: $749,000.Very Attractive Current Cap Rate: 7.65 %, based on the current asking price. This well-maintained 3-storey building with basement comprises a main floor commercial retail unit of approximately 1,500 square feet, 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. 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. Site Area: 0.045 acres. Zoning: DA1 - Permits a wide range of uses.
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$749,000
List price