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544 Dundas Street E London East, Ontario N6B 1W8

7 Bedroom 5 Bathroom 2500 - 3000 sqft
Central Air Conditioning Forced Air

$824,000

Exceptional Fully Tenanted Income Property - 7.25%+ Cap Rate, an outstanding opportunity to own a fully tenanted, low-maintenance, income-generating property offering a 7.25%+ cap rate. Simply buy and enjoy stable returns-everything is new. This property has been completely renovated, inspected, and approved by the City of London, featuring a total of 2,457 sq. ft. of living space with abundant natural light, large windows, and high ceilings throughout. Property Highlights:1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. Residential Units: Main unit: 2 bedrooms / 2 bathrooms with a thoughtful layout, Second floor: 3 bedrooms / 1 bathroom, Third floor: 2 bedrooms / 1 bathroom. All residential units feature gorgeous new kitchens with quartz countertops, modern finishes, and beautifully updated bathrooms. A rear entrance leads to a new concrete pad and additional parking at the back. Recent Upgrades & Improvements: New vinyl flooring throughout,2021 shingles and eavestroughs, Two new furnaces (2021) with completely new HVAC ducting and venting, HVAC systems for both heating and cooling, New windows and plumbing, fully updated kitchens and washrooms. This turn-key property combines strong cash flow, minimal maintenance, and long-term value-an ideal addition to any investment portfolio. (id:60365)

Property Details

MLS® Number X12714722
Property Type Single Family
Community Name East A
ParkingSpaceTotal 6

Building

BathroomTotal 5
BedroomsAboveGround 7
BedroomsTotal 7
Appliances Water Heater
BasementDevelopment Unfinished
BasementType N/a (unfinished)
ConstructionStyleAttachment Semi-detached
CoolingType Central Air Conditioning
ExteriorFinish Brick, Stone
FoundationType Unknown
HalfBathTotal 2
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2500 - 3000 Sqft
Type House
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
SizeDepth 128 Ft ,3 In
SizeFrontage 27 Ft ,2 In
SizeIrregular 27.2 X 128.3 Ft
SizeTotalText 27.2 X 128.3 Ft

Rooms

Level Type Dimensions
Second Level Bedroom 5.87 m x 4.72 m
Second Level Bedroom 3.91 m x 3.3 m
Second Level Bedroom 4.06 m x 2.79 m
Second Level Kitchen 3.89 m x 2.54 m
Third Level Kitchen 4.01 m x 3.05 m
Third Level Living Room Measurements not available
Third Level Bedroom 2.39 m x 5 m
Third Level Bedroom 2.39 m x 6.35 m
Main Level Foyer 2.06 m x 1.93 m
Main Level Bedroom 4.9 m x 4.06 m
Main Level Bedroom 3.85 m x 4.4 m
Main Level Kitchen 3.05 m x 3.4 m

https://www.realtor.ca/real-estate/29272169/544-dundas-street-e-london-east-east-a-east-a

Ravi Minhas
Salesperson


Homelife Silvercity Realty Inc.
11775 Bramalea Rd #201
Brampton, Ontario L6R 3Z4

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