761 Dundas Street
$2,400,000
Annual taxes: $18,227 (2026)
10
Bedrooms
8
Bathrooms
3500-5000
Sqft Range
—
Approx. Age
Property Overview
MLS®
X13080062
Status
Active
Property Type
Residential Freehold
Property Sub-Type
Multiplex
List Price
$2,400,000
Taxes
$18,227 (2026)
Square Footage (Range)
3500-5000
Bedrooms
10
Bathrooms
8
Garage
2 spaces
Parking
4 spaces
Basement
None
Cooling
Window Unit(s)
Sewer
Sewer
Style
2-Storey
City
London East
Postal Code
N5W 2Z4
Property Description
Exceptional mixed use investment opportunity at 755-761 Dundas Street. This established income property features 7 residential units and 4 commercial units generating a total gross annual income of $192,030. Current monthly rents total $16,002.51 ($8537.51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633. Listed at a 6.35% Cap rate at an asking price of $2,500,000. All commercial leases include HST. Residential tenants are month to month or long term. Strong diverse tenant mix with minimal vacancy. Stable cash flow in place from day one.
Property Features
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Estimated Monthly
$11,779
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Listing Brokerage
THE AGENCY REAL ESTATE
Data via TRREB / AMPRE IDX
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