1066 Dundas ST E Active

London,ON N5W 3A6

$ 959000

- Bed

- Bath

4500 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $213

Subdivision East G

MLS Listing ID X11925466

Annual Tax Amount $7,033

Tax Year 2024

Property Description

Excellent high visibility corner of Dundas and Dorinda. 3 buildings abutting. Presently laundromat (1062 Dundas) owner operated earns $50k-$60k annually business included. 1064 Dundas rented to a barber shop with annual income $10,200 plus utilities for decades. 1066 Dundas $700 SQFT vacant retail store with bathroom & two bedroom apartment with potential annual income $36,000 plus utilities. Also, there is a one bedroom apartment at rear part of property with a separate entrance which is occupied by the owner- it could be rented for another $1000 plus each month as a bonus. Basement are partially finished are currently used for the owner's workshop. Cash flow earns. The owner is selling for retirement. Property is sold "as is". Property in need of extensive renovations with great potential. The BDC Zone variation provides a WIDE mix of retail, restaurant, and neighbourhood facility, office, and residential uses which are appropriate in all Business District Commercial Zone variation

Location

Province ON

County Middlesex

Community East G

Area Middlesex

Interior

Cooling Partial

Exterior

Garage Spaces 7.0

Community Features Major Highway,Public Transit

Utilities Available Available

Lot Depth 108.27

Others

Security Features Yes

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