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

1062 -1064-1066 Dundas Street East

London

  • Commercial

$999,900
For Sale

Added 10 months ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: BDC

  • Age: 31-50 years

  • Taxes: 6605.65

  • MLS®#: X7387926

  • Days on Site: 147 Days

  • Added: Jan 08, 2024 (10 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CENTURY 21 FIRST CANADIAN CORP

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

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

  • Status: Sale

  • Type: Other

  • Property Type: Commercial/Retail

  • Property Type: Multi-Use

  • Age: 31-50

  • Area: London

  • Availability Date: no financials

Inside

  • Air Conditioning: Part

Utilities

  • Utilities: Available

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • UFFI: No

  • Freestanding: Y

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Taxes: $6,606

  • Taxes Type: Annual

Land

  • Cross Street: Dorinda St

  • Municipality District: London

  • Lot Depth: 108.27 Feet

  • Lot Frontage: 50.06 Feet

  • Zoning: BDC

Shipping Doors

  • Clearing Height (ft): 9

Commercial Specific

  • Retail Area: 2400

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 4500

  • Total Area Metric: Sq Ft Divisible

  • Office Size: 1200

  • Office Size Metric: Sq Ft

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Lot Code: Lot

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