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Multiplex
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
- Multiplex
- On the market
- 193 days
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. Current monthly rents total $16,002.51 ($8537.51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633. Listed at a 6.35% 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
- MLS® number
- X13080062
- Property type
- Multiplex
- Style
- 2-Storey
- Bedrooms
- 10
- Bathrooms
- 8
- Kitchens
- 8
- Interior size
- 3,500-5,000 ft²
- Lot
- 37.79 × 144.34 ft
- Heating
- Radiant, Gas
- Cooling
- Window Unit(s)
- Sewer
- Sewer
- Parking
- 4 spaces, garage: attached
- Exterior
- Aluminum Siding, Brick
- Property taxes
- $18,227 (2026)
- Possession
- Immediate
- Cross street
- DUNDAS STREET AND ELIZABETH
- Community
- East G
- Municipality
- London
Location
London, near DUNDAS STREET AND ELIZABETH
761 Dundas Street, London
Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.
Mortgage estimate
$10,627a month
$480,000 down, 4.5%, 25 years
Down payment
%
Open the full calculatorAn estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.
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