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$728,000
Available - For Sale
Listing ID: X11898941
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!
Price $728,000
Taxes: $10,804
Assessment: $420000
Assessment Year: 2024
Address: 1267 Dundas St , London, N5W 3B3, Ontario
Lot Size: 32.08 x 126.88 (Feet)
Directions/Cross Streets: Oakland Ave and Dundas St
Rooms: 35
Bedrooms: 9
Washrooms: 9
Kitchens: 8
Family Room: N
Basement: Part Bsmt
No. of Pieces Level
Washroom 1:  3
Washroom 2:  2
Property Type: Multiplex
Style: Other
Exterior: Brick
Vinyl Siding
Garage Type: Detached
(Parking/)Drive: Private
Drive Parking Spaces: 3
Pool: None
Approximatly Square Footage: 3500-5000
Property Features: Place Of Wor
Public Transit
School
School Bus Route
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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CENTURY 21 FIRST CANADIAN CORP

1267 Dundas St , London, N5W 3B3, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Middlesex
Municipality: London
Neighbourhood: East M
Style: Other
Lot Size: 32.08 x 126.88(Feet)
Approximate Age:
Tax: $10,804
Maintenance Fee: $0
Beds: 9
Baths: 9
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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