$799,999
Available - For Sale
Listing ID: X13414222
544 Dundas Street East , London East, N6B 1W8, Middlesex
| Exceptional Fully Tenanted mixed use 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 plus 500 sq ft Commercial unit , with abundant natural light, large windows, and high ceilings throughout. 1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. 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, 4 owned water heaters, 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. dedicated front parking and 5 parking spots at the back. |
| Price | $799,999 |
| Taxes: | $1585.00 |
| Occupancy: | Tenant |
| Address: | 544 Dundas Street East , London East, N6B 1W8, Middlesex |
| Directions/Cross Streets: | William Street & Dundas |
| Rooms: | 9 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 6.76 | 6.33 | |
| Room 2 | Main | Bedroom | 16.07 | 13.32 | |
| Room 3 | Main | Bedroom | 12.63 | 14.43 | |
| Room 4 | Main | Kitchen | 10 | 11.15 | |
| Room 5 | Second | Bedroom | 19.25 | 15.48 | |
| Room 6 | Second | Bedroom | 12.82 | 10.82 | |
| Room 7 | Second | Bedroom | 13.32 | 9.15 | |
| Room 8 | Second | Kitchen | 12.76 | 8.33 | |
| Room 9 | Third | Bedroom | 7.84 | 16.4 | |
| Room 10 | Third | Bedroom | 7.84 | 20.83 | |
| Room 11 | Third | Kitchen | 13.15 | 10 | |
| Room 12 | Third | Living Ro |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 3 | |
| Washroom Type 4 | 2 | |
| Washroom Type 5 | 2 |
| Total Area: | 0.00 |
| Property Type: | Semi-Detached |
| Style: | 3-Storey |
| Exterior: | Brick, Stone |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 8 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| HOMELIFE SILVERCITY REALTY INC. |
|
|
Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East E |
| Style: | 3-Storey |
| Tax: | $1,585 |
| Beds: | 7 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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