This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66, 168 (projected to increase to $73, 368) and a net income of $33, 372 (projected to grow to $40, 572), this property is a true income-generator. Each of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential! (id:55598)
- MLS® X11898941
- Date Listed12/20/2024
- Days on Realty 1 Day
- Bedrooms 9
- Bathrooms 1 Half baths
- Lot Size -
- Sewer Other
- Subdivision East M
- Property Type Other
- Water Public
- Square Feet 3,500 sq. ft
- Price Per Sq. Ft $208
Interior Features
- Appliances Water Heater, Refrigerator, Stove
- Heating Baseboard Heaters, Electric
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
45/100
Car-Dependent
Walk Score ®
55/100
Good Transit
Transit Score ®
48/100
Bikable
Bike Score ®
Overview
Most errands require a car. Many nearby public transportation options. Minimal bike infrastructure.Transit Summary
12 nearby routes: 12 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 45/100, Bike Score: 57/100.
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Frequently Asked Questions for 1267 DUNDAS STREET
Source: Realty.com
1267 DUNDAS STREET, London, ON N5W3B3 is a Other, Residential Income property listed for $728,000 The property is 3500 sq. ft with 9 bedrooms and 9 bathrooms
Realty.com has 13 photos of 1267 DUNDAS STREET.
The full address for this home is 1267 DUNDAS STREET, London, ON N5W3B3.
1267 DUNDAS STREET has been listed on Realty.com since Fri December 20, 2024
Most errands require a car. Many nearby public transportation options. Minimal bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 51/100, Transit Score: 45/100, Bike Score: 57/100.
Listing provided courtesy of:
CENTURY 21 FIRST CANADIAN CORP
(tel: (519) 673-3390)
Listing agent:
DURGA PRASAD AARIPAKA
(tel: (519) 673-3390)
This content last refreshed on 2024-12-21 10:15:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1267 DUNDAS STREET, London, ON N5W3B3 : MLS® X11898941