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1267 Dundas

East M | London

$788,000.00

Listed 18 days ago

  • 9 bed
  • 9 bath
  • - sqft
  • 4 parking
  • Multi-family

Property history

  • Now
    Listed on Sep 19, 2024

    Listed for $788,000.00

    18 days on market

Location & area

Schools nearby

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. (id:39198)
Additional media
-
Property taxes
$10,804.00 per year / $900.33 per month
Basement
Partial
Year build
-
Type
Multi-family
Bedrooms
9
Bathrooms
9
Parking spots
4 Total
Floor
-
Balcony
-
Pool
-
External material
Brick | Vinyl siding
Roof type
-
Lot frontage
-
Lot depth
-
Heating
Baseboard heaters, Electric
Fire place(s)
-

    Listing Brokerage

    MLS® Listing
    X9358811
    Brokerage
    CENTURY 21 FIRST CANADIAN CORP

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