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MLS® X12860830

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 5400 sqft
Garage 
Taxes $7,423
Days Active 87
Lot Size 
Approx. Age 
Avg. Price Per Sqft $166
MLS® Number X12860830

Property Address: 1066 Dundas St, London, ON, N5W3A6

Average square foot calculated using Size range provided by listing agent.

Description

Prime high-visibility corner investment property located at 1066 Dundas St, consisting of three connected buildings with multiple income streams. The property currently generates approximately $106, 600 in annual income.1062 Dundas St operates as a well-established owner-run laundromat generating approximately $50, 000/year, with the business included in the sale.1064 Dundas St is leased to a barber shop at $10, 200/year plus utilities.1066 Dundas St features a main floor retail unit rented for $1, 700/month, a two-bedroom apartment rented for $1, 250/month, and a rear one-bedroom unit currently owner-occupied with rental potential of approximately $1, 000/month. The partially finished basement is currently used as a workshop. Strategically located next to The Factory entertainment complex and the Hard Rock Hotel development, this area is experiencing significant revitalization and growth, bringing increased foot traffic, tourism, and business activity. The property benefits from excellent exposure, strong street presence, and proximity to downtown London amenities. DC zoning allows for a wide range of commercial and residential uses, offering excellent future redevelopment or value-add potential. EXTRAS: Property sold "as is, where is" with no warranties or representations. No financial statements available due to Seller's age. HST is in addition to the purchase price. (id:58753)Show Description
MLS® NumberX12860830
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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  • Commute

Commute

Starting Address
Destination Address
1066 Dundas St, London, ON
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