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For saleMLS® X13080062

761 Dundas Street

London, N5W 2Z4

$2,400,000

Bedrooms
10
Bathrooms
8
Interior
3,500-5,000 ft²
Lot
37.79 × 144.34 ft
Type
Multi-unit

About this home

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. 51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633.

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.

Property details

Property type
Multiplex
Ownership
Freehold
Style
2-Storey
Property taxes
$18,227 (2026)
Heating
Radiant, Gas
Cooling
Window Unit(s)
Parking
4 spaces, attached garage
Sewer
Sewer
Lot
37.79 × 144.34 ft lot
Time on market
182 days on market

Features

Outside

  • Aluminum Siding
  • Brick

Location

Thinking about the area? Read my guide to Old East Village.

Estimate your payment

20% down. The minimum on this price is $480,000.

Your monthly payment

$10,627

Mortgage amount
$1,920,000
Interest over the amortization
$1,268,004

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: THE AGENCY REAL ESTATE.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X13080062.

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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