Welcome to an unparalleled investment opportunity in the heart of the City of London! This licensed three-unit residential haven, coupled with a prime main floor commercial space and a lucrative basement commercial unit, stands as a beacon for savvy investors seeking a slice of urban prosperity. Strategically positioned on the prestigious "My Dundas Place" design stretch, this mixed-use building promises both immediate and long-term returns. The residential units, a trio of thoughtfully furnished spaces, offer an enticing prospect for tenants, ensuring swift occupancy. The property boasts a host of upgrades, including a newer furnace for the commercial unit, modern mini-splits in units 2 and 3, a partial roof replacement, comprehensive video surveillance system wired throughout, electronic door locks for each unit, and a pre-secured rental license all meticulously designed to elevate this property into an investor's dream. |
Extras: With careful attention to detail and a commitment to maximizing returns, this mixed-use gem presents an extraordinary chance to capitalize on the thriving urban landscape. Don't miss out on this rare opportunity. |
Price | $989,000 |
Taxes: | $16611.44 |
Tax Type: | Annual |
Assessment: | $665000 |
Assessment Year: | 2024 |
Occupancy by: | Tenant |
Address: | 200 DUNDAS St , London, N6A 1G7, Ontario |
Postal Code: | N6A 1G7 |
Province/State: | Ontario |
Legal Description: | PT LT 7 NW DUNDAS ST AS IN W34293; T/W W |
Lot Size: | 18.50 x 132.50 (Acres) |
Directions/Cross Streets: | Between Richmond & Clarence |
Category: | With Property |
Use: | Other |
Total Area: | 6481.00 |
Total Area Code: | Sq Ft |
Area Influences: | Public Transit |
Financial Statement: | N |
Chattels: | Y |
Franchise: | N |
Hours Open: | 0 |
Employees #: | 0 |
Seats: | 0 |
LLBO: | N |
Outside Storage: | N |
Rail: | N |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | N |
Sewers: | Septic |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
THRIVE REALTY GROUP INC. |
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Type: | Com - Sale Of Business |
Area: | Middlesex |
Municipality: | London |
Neighbourhood: | East F |
Lot Size: | 18.50 x 132.50(Acres) |
Tax: | $16,611.44 |