Description

 Price: $ 799,999.00 MLS^®: X13110334         Location : 544 Dundas Street E, London East, ON N6B 1W8

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.

Location Description

William Street & Dundas

Property Details

• Community: East E
• Property Type: Tenant/Residential Freehold
• Bedrooms: 7
• Bath: 5
• Garages: None

Building Features

• Foundation Type: Unknown
• Construction Material: Brick-Stone
• Total Parking Space: 8

Features

• Heating: Forced Air Gas
• Sewer: Sewer ,