$788,000
Available - For Sale
Listing ID: X9358811
1267 Dundas St , London, N5W 3B3, Ontario
| Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. |
| Price | $788,000 |
| Taxes: | $10804.00 |
| Assessment: | $420000 |
| Assessment Year: | 2024 |
| Address: | 1267 Dundas St , London, N5W 3B3, Ontario |
| Lot Size: | 32.08 x 126.88 (Feet) |
| Directions/Cross Streets: | Oakland Ave and Dundas St |
| Rooms: | 35 |
| Bedrooms: | 9 |
| Bedrooms +: | |
| Kitchens: | 8 |
| Family Room: | N |
| Basement: | Part Bsmt |
| Property Type: | Multiplex |
| Style: | Other |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | Detached |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Pool: | None |
| Approximatly Square Footage: | 3500-5000 |
| Property Features: | Place Of Wor, Public Transit, School, School Bus Route |
| Fireplace/Stove: | N |
| Heat Source: | Electric |
| Heat Type: | Baseboard |
| Central Air Conditioning: | None |
| Sewers: | Sewers |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 FIRST CANADIAN CORP |
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NASSER NADA
Broker
Dir:
416-859-5645
Bus:
905-507-4776
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East M |
| Style: | Other |
| Lot Size: | 32.08 x 126.88(Feet) |
| Tax: | $10,804 |
| Beds: | 9 |
| Baths: | 9 |
| Fireplace: | N |
| Pool: | None |
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