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198 Dundas Street London East, Ontario N6A 1G7

4000 sqft
Fully Air Conditioned Forced Air

$1,499,000

Prime Investment Opportunity In The Heart Of Downtown London! Rare Chance To Own A Four-Storey Mixed-Use Commercial And Residential Building In A High-Demand Core Downtown Location.Main Floor: Currently Leased To A Well-Established Indian Restaurant Generating Stable Rental Income.Basement: Also Leased To The Restaurant, Providing Additional Income.Second Floor: A Spacious 3-Bedroom Apartment With A Kitchen And Washroom.Third Floor: A 2-Bedroom Apartment Featuring A Kitchen, Washroom, And Private Patio.Fourth Floor: An Open-Concept Space Ready To Be Customized By The New Owner Or Tenant To Suit Their Needs. Additional Features Include Two Dedicated Parking Spaces And Ample Additional Parking At The Rear Of The Building. Situated In A Convenient Location Surrounded By Government Buildings, Banks, Colleges, Hotels, And Shopping Centres. Zoned DA (Downtown Area), Allowing For A Wide Variety Of Commercial And Residential Uses Such As Retail, Entertainment, Hotel, Clinic, Studio, Private Club, And Rental Apartments. This Property Offers Strong Rental Income And Excellent Potential For Long-Term Value Appreciation. Don't Miss The Great Opportunity! (id:60365)

Property Details

MLS® Number X12118285
Property Type Retail
Community Name East K
AmenitiesNearBy Public Transit, Recreation
ParkingSpaceTotal 2

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Forced Air
SizeInterior 4000 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit, Recreation
SizeDepth 132 Ft ,4 In
SizeFrontage 18 Ft ,11 In
SizeIrregular 18.97 X 132.34 Ft
SizeTotalText 18.97 X 132.34 Ft
ZoningDescription Da1

https://www.realtor.ca/real-estate/28246907/198-dundas-street-london-east-east-k-east-k

Helen Yan
Salesperson


RE/MAX Atrium Home Realty
7100 Warden Ave #1a
Markham, Ontario L3R 8B5

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