
List Price: $728,000
1267 Dundas Street, London, N5W 3B3
- By CENTURY 21 FIRST CANADIAN CORP
Multiplex|MLS - #X12060021|New
9 Bed
9 Bath
3500-5000 Sqft.
Detached Garage
Client Remarks
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!
Property Description
1267 Dundas Street, London, N5W 3B3
Property type
Multiplex
Lot size
N/A acres
Style
Other
Approx. Area
N/A Sqft
Home Overview
Last check for updates
Virtual tour
N/A
Basement information
Partial Basement
Building size
N/A
Status
In-Active
Property sub type
Maintenance fee
$N/A
Year built
--

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Shally Shi
Sales Representative, Dolphin Realty Inc
English, Mandarin
Residential ResaleProperty ManagementPre Construction
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