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For saleMLS® X13547318

532-538 Dundas Street

London, N6B 1W6

$1,699,000

Interior
5,000+ ft²
Lot
102 × 102 ft
Type
Multi-unit

About this home

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 details

Property type
Multiplex
Ownership
Freehold
Property taxes
$13,541 (2025)
Heating
Baseboard, Electric
Basement
Apartment
Parking
4 spaces
Sewer
Sewer
Lot
102 × 102 ft lot
Time on market
115 days on market

Location

Thinking about the area? Read my guide to Downtown.

Estimate your payment

20% down. The minimum on this price is $339,800.

Your monthly payment

$7,523

Mortgage amount
$1,359,200
Interest over the amortization
$897,641

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: THRIVE REALTY GROUP INC..

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13547318.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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