680 DUNDAS Street , London

5 Bed / 6 Bath / $774,900 / MLS® Listing #:40116100

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Welcome to 680 Dundas Street in the Old East Village of London, Ontario. This rare opportunity doesn't come often to own a piece of history in the Old East, especially a corner building! Four residential units, and two commercial units located within. The commercial unit has a wide zoning application giving you the ability to open a restaurant, retail shop, barber, or just about any business you've always dreamt of! The area is currently undergoing a construction project aimed to be completed by end of 2021 and will provide additional street parking, larger sidewalks to encourage foot traffic, increased street appeal, integrated transit systems, and bike routes. Located near numerous local shops, Old East continues to attract shoppers and tourists. Some of the most popular locations being 100 Kellog Lane, an activity centre otherwise known as The Factory, Western Fair Farmers Market, the annual Western Fair in the Fall, the casino, and within walking distance to Downtown London. The operating income of $74,810.00 is estimated based on obtaining $1,300.00 for the commercial storefront, the owner currently occupying and will be vacating on closing, and obtaining $1,225.00 for the currently vacant upstairs unit. (id:10452)

Property Details

Property Type Multi-family
Square Feet 3140.0000
Maintenance N/A
Days On Our Website 69
Basement Partially finished - Full (Partially finished)
Kitchens
Lot Dimensions under 1/2 acre
Pool N/A
Area London
Air Conditioning Central air conditioning, Window air conditioner
Heating Natural gas - Forced air, Hot water radiator heat
Exterior Brick, Stucco
Sewers Municipal sewage system
Water Municipal water

Listing Office: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE



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