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About the Listing 246200 -
Exceptional Fully Tenanted mixed use 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 plus 500 sq ft Commercial unit , with abundant natural light, large windows, and high ceilings throughout. 1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. 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, 4 owned water heaters, 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. dedicated front parking and 5 parking spots at the back.
Listing Highlights
Status
Active
Days on Site
20
Property Type
Residential
MLS ®
X13110334
Year Built
Total Square Footage
2,500
Lot/Acreage
N/A
Interior Details
- Bedrooms: 7
- Bathrooms: 5 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other: 3 Kitchens
- Water:
Exterior Details
- Garage Capacity: 1 car
- Roof: Shingles
- Others:
- Sewer: Sewer
- Parking Features: Private,No Garage
Financial Details
- Tax Amount: $1,500
- Taxes w/Assessments: N/A
- Tax/Property ID: 082760083
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
544 Dundas St E London, ON N6B 1W8
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