187 DUNDAS STREET

$499,900

187 DUNDAS STREET

East K, London East, ON

Type
Retail
Status
Active
Living area
2,700 sqft
MLS®
X12881824

About this property

Mixed-use investment property generating over $63,000 in annual gross income, located on Dundas Place in downtown London. This approximately 2,700 sq ft building features a fully leased main floor commercial space and a fully occupied four-bedroom rooming house with shared common areas above.The commercial space has been recently renovated with updated flooring and washroom facilities. The residential portion offers multiple bedrooms, two full bathrooms, and spacious common areas.Situated on the vibrant Dundas Flex Street with strong visibility and steady tenant demand, this property offers stable income and attractive cap rate potential. Ideal opportunity for investors seeking an affordable downtown mixed-use investment property. (id:66946)

Features

irregular lot size

Listing courtesy of THRIVE REALTY GROUP INC.. Data provided by the CREA Data Distribution Facility (DDF®). Information is deemed reliable but not guaranteed.