544 Dundas Street E London East, Ontario N6B 1W8

$799,999

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. (id:55460)

Property Details

MLS® Number	X13414222
Property Type	Single Family
Community Name	East E
Parking Space Total	8

Building

Bathroom Total	5
Bedrooms Above Ground	7
Bedrooms Total	7
Appliances	Dryer, Stove, Two Washers, Refrigerator
Basement Development	Unfinished
Basement Type	N/a (unfinished)
Construction Style Attachment	Semi-detached
Cooling Type	Central Air Conditioning
Exterior Finish	Brick, Stone
Foundation Type	Unknown
Half Bath Total	2
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Size Interior	2,500 - 3,000 Ft2
Type	House
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	128 Ft ,3 In
Size Frontage	27 Ft ,2 In
Size Irregular	27.2 X 128.3 Ft
Size Total Text	27.2 X 128.3 Ft

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Bedroom	5.87 m	4.72 m	5.87 m x 4.72 m
Second Level	Bedroom	3.91 m	3.3 m	3.91 m x 3.3 m
Second Level	Bedroom	4.06 m	2.79 m	4.06 m x 2.79 m
Second Level	Kitchen	3.89 m	2.54 m	3.89 m x 2.54 m
Third Level	Kitchen	4.01 m	3.05 m	4.01 m x 3.05 m
Third Level	Living Room			Measurements not available
Third Level	Bedroom	2.39 m	5 m	2.39 m x 5 m
Third Level	Bedroom	2.39 m	6.35 m	2.39 m x 6.35 m
Main Level	Foyer	2.06 m	1.93 m	2.06 m x 1.93 m
Main Level	Bedroom	4.9 m	4.06 m	4.9 m x 4.06 m
Main Level	Bedroom	3.85 m	4.4 m	3.85 m x 4.4 m
Main Level	Kitchen	3.05 m	3.4 m	3.05 m x 3.4 m

https://www.realtor.ca/real-estate/29869872/544-dundas-street-e-london-east-east-e-east-e