LOADING

1843 Dundas Street E London East, Ontario N5W 3E6

4 Bedroom 3 Bathroom 1500 - 2000 sqft
Fireplace Window Air Conditioner Radiant Heat

$699,999

1843 Dundas Street in London, Ontario is a rare and versatile mixed-use property that offers a unique opportunity for investors, business owners, or those seeking a live/work arrangement. Available for the first time in over 50 years and owned since 1972, this well-maintained property is part of an estate sale with probate fully completed, ensuring a smooth and ready transaction. Zoned for both residential and commercial use, the property allows for a widerange of permitted activities, including automobile repair garages, automotive retail and services, restaurants or food services, and taxi establishments.This legal duplex features three kitchens and three separate hydro meters, offering flexibility and strong rental potential. Recent upgrades include a new roof installed in 2025 and a high-efficiency boiler system valued at \\$35,000. The second-floor staircase was brought up to code in 2021, ensuring safety and compliance. In 2024 alone, the property generated over $50,000 in income and is currently home to long-term, friendly tenants who not only contribute to steady cash flow but also help maintain a cooperative and respectful living environment. The property sits on a generous lot with ample parking and excellent visibility on Dundas Street near Clarke Road, making it ideal for commercial exposure. With a projected capitalization rate of 7 percent when fully optimized, this investment offers both strong financial returns and unmatched flexibility. Properties like this held for decades and zoned for a wide range of high-demand uses are exceptionally rare. This is a valuable opportunity to own a property with income, history, and future growth potential. (id:38414)

Property Details

MLS® Number X12173566
Property Type Multi-family
Community Name East H
AmenitiesNearBy Public Transit, Schools
CommunityFeatures School Bus
Features Dry
ParkingSpaceTotal 8
ViewType City View

Building

BathroomTotal 3
BedroomsAboveGround 4
BedroomsTotal 4
Age 51 To 99 Years
Amenities Fireplace(s)
Appliances Stove, Refrigerator
BasementDevelopment Finished
BasementFeatures Apartment In Basement, Walk Out
BasementType N/a (finished)
CoolingType Window Air Conditioner
ExteriorFinish Brick
FireProtection Smoke Detectors
FireplacePresent Yes
FireplaceTotal 1
FoundationType Unknown
HeatingFuel Wood
HeatingType Radiant Heat
StoriesTotal 2
SizeInterior 1500 - 2000 Sqft
Type Duplex
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Public Transit, Schools
Sewer Sanitary Sewer
SizeDepth 148 Ft ,8 In
SizeFrontage 70 Ft ,3 In
SizeIrregular 70.3 X 148.7 Ft
SizeTotalText 70.3 X 148.7 Ft|under 1/2 Acre
ZoningDescription Asa5 Rs

Rooms

Level Type Dimensions
Basement Bathroom 1.47 m x 1.82 m
Basement Kitchen 3.12 m x 4.05 m
Basement Living Room 3.96 m x 3.75 m
Basement Utility Room 4.67 m x 1.78 m
Main Level Bathroom 1.97 m x 1.49 m
Main Level Bedroom 3.83 m x 3.51 m
Main Level Bedroom 2 4.09 m x 3.51 m
Main Level Kitchen 4.09 m x 3.14 m
Main Level Living Room 3.87 m x 5.52 m
Upper Level Bathroom 1.96 m x 1.5 m
Upper Level Bedroom 3.71 m x 3.52 m
Upper Level Dining Room 2.01 m x 1.77 m
Upper Level Kitchen 2.17 m x 5.03 m
Upper Level Living Room 3.79 m x 4.95 m

Utilities

Cable Installed
Sewer Installed

Interested?

Contact us for more information

Generating Captcha

Your Favourites

 

No Favourites Found

 

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)


May 26 2025 08:22:27

London and St. Thomas Association of REALTORS®

Streetcity Realty Inc.

RealtyPress WordPress CREA DDF® Plugin