1843 DUNDAS STREET E new

London East (east H),ON N5W3E6

$ 749999

4 Beds

3 Baths

1500 SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,500 sqft

Price per Sqft $499

Subdivision East H

MLS Listing ID X12096140

Bedrooms 4

Originating Board London and St. Thomas Association of REALTORS®

Property Description

Versatile Mixed-Use Property 1843 Dundas Street, London, ON Zoned Residential & Commercial | Legal Duplex | $50K+ 2024 Income | Estate Sale Probate Completed Offered for the first time in over 50 years, 1843 Dundas Street is a rare and strategic opportunity for investors, business owners, or live/work buyers. Owned since 1972, this well-maintained property is now available as part of an estate sale, with probate fully completed, making for a smooth and ready transaction. Zoning Permits Multiple Uses: Automobile Repair Garages Automotive Retail & Services Restaurants or Food Services Taxi Establishments Property Highlights: Legal Duplex featuring three kitchens and three hydro meters New Roof (2025) Recently installed for long-term durability $35,000 Boiler System High-efficiency and recently upgraded Second-Floor Staircase Updated to Code (2021) Safe and compliant 2024 Income Over $50,000 Steady cash flow with further potential Long-Term, Friendly Tenants A respectful, cooperative tenant mix that helps care for the property and looks out for each other Ample Parking & Exposure Generous lot with excellent visibility on Dundas Street near Clarke Road Investment Potential: With a projected cap rate of 7% when fully maximized, this property combines strong financials with unmatched flexibility. Ideal for commercial use, residential rentals, or a hybrid live/work model. Opportunities like this held for decades and zoned for multiple high-demand uses are incredibly rare. Now is your chance to own a property with history, income, and future upside. (id:24570)

Location

Province ON

Rooms

Kitchen 3.0

Extra Room 1 Basement 1.47 m X 1.82 m Bathroom

Extra Room 2 Basement 3.12 m X 4.05 m Kitchen

Extra Room 3 Basement 3.96 m X 3.75 m Living room

Extra Room 4 Basement 4.67 m X 1.78 m Utility room

Extra Room 5 Main level 1.97 m X 1.49 m Bathroom

Extra Room 6 Main level 3.83 m X 3.51 m Bedroom

Interior

Heating Radiant heat

Cooling Window air conditioner

Fireplaces Number 1

Exterior

Parking Features Yes

Fence Fenced yard

Community Features School Bus

View Y/N Yes

View City view

Total Parking Spaces 8

Private Pool No

Building

Story 2

Sewer Sanitary sewer

Others

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