Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom; plumbing is there to set up laundry and the remaining space can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price. (id:4069)
| Address |
1267 DUNDAS STREET |
| List Price |
$788,000 |
| Property Type |
Multi-family |
| Type of Dwelling |
Other |
| Area |
Ontario |
| Sub-Area |
London |
| Bedrooms |
9 |
| Bathrooms |
9 |
| Floor Area |
3,500 Sq. Ft. |
| Lot Size |
32.1 x 126.9 FT Sq. Ft. |
| MLS® Number |
X9358811 |
| Listing Brokerage |
CENTURY 21 FIRST CANADIAN CORP
|
| Basement Area |
Partial |
| Postal Code |
N5W3B3 |
| Zoning |
AC4 R2 |
| Site Influences |
Public Transit, Schools, Place of Worship |
