$824,000
Available - For Sale
Listing ID: X12714722
544 Dundas Street East , London East, N6B 1W8, Middlesex
| Exceptional Fully Tenanted 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 with abundant natural light, large windows, and high ceilings throughout. Property Highlights:1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. Residential Units: 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, HVAC systems for both heating and cooling, 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. |
| Price | $824,000 |
| Taxes: | $1500.00 |
| Occupancy: | Tenant |
| Address: | 544 Dundas Street East , London East, N6B 1W8, Middlesex |
| Directions/Cross Streets: | William Street & Dundas |
| Rooms: | 9 |
| Bedrooms: | 7 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Foyer | 6.76 | 6.33 | |
| Room 2 | Main | Bedroom | 16.07 | 13.32 | |
| Room 3 | Main | Bedroom | 12.63 | 14.43 | |
| Room 4 | Main | Kitchen | 10 | 11.15 | |
| Room 5 | Second | Bedroom | 19.25 | 15.48 | |
| Room 6 | Second | Bedroom | 12.82 | 10.82 | |
| Room 7 | Second | Bedroom | 13.32 | 9.15 | |
| Room 8 | Second | Kitchen | 12.76 | 8.33 | |
| Room 9 | Third | Bedroom | 7.84 | 16.4 | |
| Room 10 | Third | Bedroom | 7.84 | 20.83 | |
| Room 11 | Third | Kitchen | 13.15 | 10 | |
| Room 12 | Third | Living Ro |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 3 | |
| Washroom Type 3 | 3 | |
| Washroom Type 4 | 2 | |
| Washroom Type 5 | 2 | |
| Washroom Type 6 | 3 | |
| Washroom Type 7 | 3 | |
| Washroom Type 8 | 3 | |
| Washroom Type 9 | 2 | |
| Washroom Type 10 | 2 | |
| Washroom Type 11 | 3 | |
| Washroom Type 12 | 3 | |
| Washroom Type 13 | 3 | |
| Washroom Type 14 | 2 | |
| Washroom Type 15 | 2 |
| Total Area: | 0.00 |
| Property Type: | Semi-Detached |
| Style: | 3-Storey |
| Exterior: | Brick, Stone |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 6 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 2500-3000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| HOMELIFE SILVERCITY REALTY INC. |
|
|
Wally Islam
Real Estate Broker
Dir:
416-949-2626
Bus:
416-293-8500
Fax:
905-913-8585
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At a Glance:
| Type: | Freehold - Semi-Detached |
| Area: | Middlesex |
| Municipality: | London East |
| Neighbourhood: | East A |
| Style: | 3-Storey |
| Tax: | $1,500 |
| Beds: | 7 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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