200 DUNDAS Street, London | Image 1

200 DUNDAS Street

London, East F

  • Commercial

$989,000
For Sale

Added 9 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Other

  • Zoning: DA1

  • Age: No Data

  • Taxes: 16611.44

  • MLS®#: X8115870

  • Days on Site: 296 Days

  • Added: Jan 25, 2024 (9 months ago)

  • Updated:

  • Last Checked: 10 hours ago

  • Listed By: THRIVE REALTY GROUP INC.

Welcome to an unparalleled investment opportunity in the heart of the City of London! This licensed three-unit residential haven, coupled with a prime main floor commercial space and a lucrative basement commercial unit, stands as a beacon for savvy investors seeking a slice of urban prosperity. Strategically positioned on the prestigious "My Dundas Place" design stretch, this mixed-use building promises both immediate and long-term returns. The residential units, a trio of thoughtfully furnished spaces, offer an enticing prospect for tenants, ensuring swift occupancy. The property boasts a host of upgrades, including a newer furnace for the commercial unit, modern mini-splits in units 2 and 3, a partial roof replacement, comprehensive video surveillance system wired throughout, electronic door locks for each unit, and a pre-secured rental license all meticulously designed to elevate this property into an investor's dream.

Extras

With careful attention to detail and a commitment to maximizing returns, this mixed-use gem presents an extraordinary chance to capitalize on the thriving urban landscape. Don't miss out on this rare opportunity.

Property

  • Status: Sale

  • Type: Other

  • Property Type: Sale Of Business

  • Property Type: With Property

  • Area: London

  • Community: East F

  • Availability Date: FLEX

  • Assessment Amount: $665,000

  • Assessment Year: 2024

Inside

  • Air Conditioning: N

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Outside Storage: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 7 NW DUNDAS ST AS IN W34293; T/W W34293 LONDON

  • Taxes: $16,611

  • Taxes Type: Annual

Land

  • Cross Street: Between Richmond & C

  • Municipality District: London

  • Parcel Number: 082640084

  • Sewer: Septic

  • Lot Depth: 132.5 Acres

  • Lot Frontage: 18.5 Acres

  • Zoning: DA1

Additional Media

  • Virtual Tour: http://tours.clubtours.ca/vtnb/343970

Commercial Specific

  • Rail: N

  • Total Area: 6481

  • Total Area Metric: Sq Ft

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Building

  • Financial Statement: N

  • LLBO: N

JK-8

St Georges Public School

Elementary: Public
1.56 km
JK-8

St Martin

Elementary: Catholic
1.67 km
JK-8

Tecumseh Public School

Elementary: Public
1.77 km
JK-8

St. John French Immersion School

Elementary: Catholic
1.38 km
K-8

Lord Roberts Public School

Elementary: Public
1.07 km
K-8

Jeanne-Sauvé Public School

Elementary: Public
1.43 km
9-12

G A Wheable Secondary School

Secondary: Public
2.72 km
9-12

B Davison Secondary School Secondary School

Secondary: Public
2.43 km
9-12

London South Collegiate Institute

Secondary: Public
1.73 km
9-12

London Central Secondary School

Secondary: Public
0.58 km
9-12

Catholic Central High School

Secondary: Catholic
0.80 km
9-12

H B Beal Secondary School

Secondary: Public
1.17 km
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