1267 Dundas
East M | London
$788,000.00
Listed 19 days ago
- 9 bed
- 9 bath
- 3500-5000 sqft
- 4.0 parking
- Multiplex
Instant Estimate
$793,823
+$5,823 compared to list price
Upper range
$935,070
Mid range
$793,823
Lower range
$652,577
Property history
- Now
- Listed on Sep 19, 2024
Listed for $788,000.00
19 days on market
Location & area
Home Details
- Description
- 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.
- Additional media
- -
- Property taxes
- $10,804.00 per year / $900.33 per month
- Basement
- Part Bsmt
- Year build
- -
- Type
- Multiplex
- Bedrooms
- 9
- Bathrooms
- 9
- Parking spots
- 4.0 Total | 1.0 Garage
- Floor
- -
- Balcony
- -
- Pool
- None
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Baseboard
- Fire place(s)
- N
Listing Brokerage
- MLS® Listing
- X9358811
- Brokerage
- CENTURY 21 FIRST CANADIAN CORP
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