1267 Dundas Street, London | Image 1

1267 Dundas Street

London, East M

  • 9 bed 9 bath 3500 sqft
$728,000 est.*: $2,466/mo
For Sale

Added 1 day ago

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  • Type: Multiplex

  • Style: Other

  • Size: 3500 sqft

  • Lot Size: 32.08 x 126.88 Feet

  • Age: No Data

  • Taxes: $10,804 per year

  • Added: Dec 20, 2024 (1 day ago)

  • Updated:

  • Last Checked: 3 hours ago

  • MLS®#: X11898941

  • Listed By: Century 21 first canadian corp

This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66,168 (projected to increase to $73,368) and a net income of $33,372 (projected to grow to $40,572), this property is a true income-generator. Each of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential!

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: Other

  • Size (sq ft): 3500

  • Area: London

  • Community: East M

  • Availability Date: Flexible

  • Assessment Amount: $420,000

  • Assessment Year: 2024

Inside

  • Bedrooms: 9

  • Bathrooms: 9

  • Kitchens: 8

  • Rooms: 35

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 9

Building

  • Basement: Part Bsmt

  • Heat Type: Baseboard

  • Heat Source: Electric

  • Exterior: Brick

  • Exterior: Vinyl Siding

  • Energy Certificate: N

  • Green Verification Status: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

  • Special Designation: Unknown

  • Retirement: N

Parking

  • Driveway: Private

  • Garage Spaces: 1

  • Garage Type: Detached

  • Covered Parking Spaces: 3

  • Total Parking Spaces: 4

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 10 PLAN 413 AS IN 837728 LONDON/LONDON TWP

  • Taxes: $10,804

Highlights

  • Feature: Place Of Wor

  • Feature: Public Transit

  • Feature: School

  • Feature: School Bus Route

Land

  • Cross Street: Oakland Ave and Dund

  • Municipality District: London

  • Fronting On: North

  • Parcel Number: 082910022

  • Pool: None

  • Sewer: Sewers

  • Lot Depth: 126.88 Feet

  • Lot Frontage: 32.08 Feet

  • Zoning: AC4 R2

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Somewhat Walkable

  • Some errands can be accomplished on foot.
68 /100

Good Transit

  • Some errands can be accomplished by public transportation.
50 /100

Bikeable

  • Some errands can be accomplished on bike.
56 /100
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Map of 1267 Dundas Street, London
JK-8

Robarts Provincial School for the Deaf

Elementary: Provincial
1.88 km
4-8

Robarts/Amethyst Demonstration Elementary School

Elementary: Provincial
1.88 km
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Holy Cross Separate School

Elementary: Catholic
1.75 km
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Trafalgar Public School

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1.88 km
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Blessed Sacrament Separate School

Elementary: Catholic
1.42 km
JK-6

Académie de la Tamise

Elementary: Public
0.28 km
9-12

Robarts Provincial School for the Deaf

Secondary: Provincial
1.88 km
Pre-Grade 9-12

Robarts/Amethyst Demonstration Secondary School

Secondary: Provincial
1.88 km
9-12

G A Wheable Secondary School

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2.91 km
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Thames Valley Alternative Secondary School

Secondary: Public
0.12 km
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B Davison Secondary School Secondary School

Secondary: Public
2.31 km
9-12

John Paul II Catholic Secondary School

Secondary: Catholic
1.64 km

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