187 DUNDAS Street, London East, ON N6A 1G4

$499,900

Store W Apt/Office
MLS® X12881824

Listing Brokerage: THRIVE REALTY GROUP INC.

Description

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.

Property details

MLS® number: X12881824
Transaction: For Sale
Property type: Commercial
Style / use: Store W Apt/Office
Community: East K
City: London East
Building area: 2700 Square Feet
Lot width: 14.3 Feet
Approximate age: 100+
Heating: Gas Forced Air Open
Cooling: Yes
Garage: None
Taxes: $9,344.87
Tax year: 2025
Office area: 1437.84
Retail area: 845.79
Listing brokerage: THRIVE REALTY GROUP INC.

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