Address: 761 DUNDAS STREET, London East (East G) FOR SALE Postal Code: N5W2Z4 Style: Type: Multi-family Other Bedrooms: 10 Bathrooms: 8 Bedrooms Aboveground: 10 Parking: Attached Garage Garage: Attached Garage Lot Size: 37 ft ,9 in x 144 ft ,3 in Property Size: 37.8 x 144.3 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61 Stories: 2
About 761 Dundas Street
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. (id:56071). Get more information on 761 Dundas Street
Property Features
Rental Equipment: Directions: Cross Streets: DUNDAS STREET AND ELIZABETH. ** Directions: Dundas and Elizabeth Street. Interior Size: 3500 - 5000 sqft Lot: 37.8 x 144.3 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61 37.8 x 144.3 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61 Exterior Finish: Aluminum siding, Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Window air conditioner Age: Basement: None
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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