1062- 1064-1066 DUNDAS Street East, London | Image 1

1062- 1064-1066 DUNDAS Street East

London, East G

  • Commercial

$999,900
For Sale

Added 11 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Zoning: BDC

  • Age: 51-99 years

  • Taxes: 6605.65

  • MLS®#: X8284876

  • Days on Site: 314 Days

  • Added: Jan 07, 2024 (11 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

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 and 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 variations. Potential future development as well.

Property

  • Status: Sale

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Age: 51-99

  • Area: London

  • Community: East G

  • Availability Date: Flexible

  • Assessment Amount: $208,000

  • Assessment Year: 2016

Building

  • Basement: Y

  • Elevator: None

  • UFFI: No

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2023

  • Tax Legal Description: PART LOT 10 NORTH OF DUNDAS STREET PLAN 316 (3RD) A

  • Taxes: $6,606

Land

  • Cross Street: DORINDA STREET

  • Municipality District: London

  • Parcel Number: 082880258

  • Sewer: Sewers

  • Lot Depth: 108.27 Feet

  • Lot Frontage: 50.06 Feet

  • Zoning: BDC

Commercial Specific

  • Retail Area: 3500

  • Total Area: 4500

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Business/Building Name: SUN LAUNDROMAT

  • Financial Statement: N

  • LLBO: N

Car-Dependent

  • Almost all errands require a car.
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Map of 1062- 1064-1066 DUNDAS Street East, London
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