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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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