MultiplexActive

532-538 Dundas Street

532-538 Dundas Street, London East, ON N6B 1W6·MLS® X13547318

$1,699,000

Annual taxes: $13,541 (2025)

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Bedrooms

—

Bathrooms

5000 +

Sqft Range

—

Approx. Age

Property Overview

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

OtherPlace Of WorshipLibrarySchool

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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

The information provided herein is believed to be accurate but is not warranted and is intended only for consumers who have a bona fide interest in the purchase, sale, or lease of real estate.

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