Exceptional Fully Tenanted mixed use 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 plus 500 sq ft Commercial unit , with abundant natural light, large windows, and high ceilings throughout. 1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. 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, 4 owned water heaters, 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. dedicated front parking and 5 parking spots at the back. (id:61852)
| MLS® Number | X13110334 |
| Property Type | Single Family |
| Community Name | East E |
| ParkingSpaceTotal | 8 |
| BathroomTotal | 5 |
| BedroomsAboveGround | 7 |
| BedroomsTotal | 7 |
| Appliances | Dryer, Stove, Two Washers, Refrigerator |
| 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 |
| No Garage |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bedroom | 5.87 m | 4.72 m | 5.87 m x 4.72 m |
| Second Level | Bedroom | 3.91 m | 3.3 m | 3.91 m x 3.3 m |
| Second Level | Bedroom | 4.06 m | 2.79 m | 4.06 m x 2.79 m |
| Second Level | Kitchen | 3.89 m | 2.54 m | 3.89 m x 2.54 m |
| Third Level | Kitchen | 4.01 m | 3.05 m | 4.01 m x 3.05 m |
| Third Level | Living Room | Measurements not available | ||
| Third Level | Bedroom | 2.39 m | 5 m | 2.39 m x 5 m |
| Third Level | Bedroom | 2.39 m | 6.35 m | 2.39 m x 6.35 m |
| Main Level | Foyer | 2.06 m | 1.93 m | 2.06 m x 1.93 m |
| Main Level | Bedroom | 4.9 m | 4.06 m | 4.9 m x 4.06 m |
| Main Level | Bedroom | 3.85 m | 4.4 m | 3.85 m x 4.4 m |
| Main Level | Kitchen | 3.05 m | 3.4 m | 3.05 m x 3.4 m |
https://www.realtor.ca/real-estate/29731599/544-dundas-street-e-london-east-east-e-east-e
Contact us for more information
Ravi Minhas
Salesperson