1843 Dundas Street E London East, Ontario N5W 3E6
$724,999
Versatile Mixed-Use Property 1843 Dundas Street, London, ON Zoned Residential & Commercial | Legal Duplex | $50K+ 2024 Income | Estate Sale Probate Completed Offered for the first time in over 50 years, 1843 Dundas Street is a rare and strategic opportunity for investors, business owners, or live/work buyers. Owned since 1972, this well-maintained property is now available as part of an estate sale, with probate fully completed, making for a smooth and ready transaction. Zoning Permits Multiple Uses: Automobile Repair Garages Automotive Retail & Services Restaurants or Food Services Taxi Establishments Property Highlights: Legal Duplex featuring three kitchens and three hydro meters New Roof (2025) Recently installed for long-term durability $35,000 Boiler System High-efficiency and recently upgraded Second-Floor Staircase Updated to Code (2021) Safe and compliant 2024 Income Over $50,000 Steady cash flow with further potential Long-Term, Friendly Tenants A respectful, cooperative tenant mix that helps care for the property and looks out for each other Ample Parking & Exposure Generous lot with excellent visibility on Dundas Street near Clarke Road Investment Potential: With a projected cap rate of 7% when fully maximized, this property combines strong financials with unmatched flexibility. Ideal for commercial use, residential rentals, or a hybrid live/work model. Opportunities like this held for decades and zoned for multiple high-demand uses are incredibly rare. Now is your chance to own a property with history, income, and future upside. (id:50886)
Business
| Business Type | Automobile |
| Business Sub Type | Automotive |
Property Details
| MLS® Number | X12096142 |
| Property Type | Retail |
| Community Name | East H |
| Parking Space Total | 7 |
Building
| Bathroom Total | 1 |
| Age | 51 To 99 Years |
| Appliances | Stove, Refrigerator |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 1,517 Ft2 |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 148 Ft ,8 In |
| Size Frontage | 70 Ft ,3 In |
| Size Irregular | 70.28 X 148.69 Ft |
| Size Total Text | 70.28 X 148.69 Ft |
| Zoning Description | Asa5 Rs |
https://www.realtor.ca/real-estate/28196852/1843-dundas-street-e-london-east-east-h-east-h
Contact Us
Contact us for more information
Michael Jones
Salesperson
519 York Street
London, Ontario N6B 1R4
(519) 649-6900
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May 02 2025 05:24:56
London and St. Thomas Association of REALTORS®
Streetcity Realty Inc.