532-538 Dundas Street
$1,699,000
Annual taxes: $13,541 (2025)
—
Bedrooms
—
Bathrooms
5000 +
Sqft Range
—
Approx. Age
Property Overview
MLS®
X13547318
Status
Active
Property Type
Residential Freehold
Property Sub-Type
Multiplex
List Price
$1,699,000
Taxes
$13,541 (2025)
Square Footage (Range)
5000 +
Parking
4 spaces
Basement
Apartment
Cooling
None
Sewer
Sewer
Style
Other
City
London East
Postal Code
N6B 1W6
Property Description
13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $210k with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.
Property Features
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Estimated Monthly
$8,339
Estimate only. Excludes property tax, insurance, condo fees, and CMHC premium. Speak to a mortgage professional for an exact figure.
Listing Brokerage
THRIVE REALTY GROUP INC.
Data via TRREB / AMPRE IDX
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