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.
| MLS # | X13080062 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 111 |
| Listing Provided By | THE AGENCY REAL ESTATE | X13080062 377101 |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 8 |
| Garage | 2 |
| Story(s) | 2 |
| Acreage | 0.13 |
| Interior Features | None |
|---|---|
| Cooling | Window Unit(s) |
| Heat Source | Gas |
| Fireplace Yes / No | No |
| Roof | Other |
|---|---|
| Foundation Details | Other |
| Construction Materials | Aluminum Siding, Brick |
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Available |
| Sewer | Sewer |
|---|
| Tax Annual Amount | 18227 |
|---|---|
| Tax Legal Description | PT LTS 10, 11 & 12 S/S DUNDAS ST PLAN 229(3RD) AS IN 681328; T/W 681328 LONDON |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N5W 2Z4 |
| Area | East G |
| Listing VS Median (in N5W 2Z4) | |
Price: $2,400,000 low | high Med: $0 On site: 111 low | high Med: | |
| Province | ON |
|---|---|
| Region | Middlesex |
| City | London East |
| Postal Code | N5W 2Z4 |
| Area | East G |
| Listing VS Median (in N5W 2Z4) | |
Price: $2,400,000 low | high Med: $0 On site: 111 low | high Med: | |