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    For Sale - 1062 - 1066 Dundas Street, London East, Ontario

    Est payment $5,282/mo
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    Views   3
    Time on Jump  71 day

    AI Summary *

    • Prime corner property with three connected buildings and multiple income streams.
    • Established laundromat included, generating around $50,000 annually.
    • Barber shop lease provides stable income with low overhead costs.
    • Main floor retail unit and apartments offer diverse rental potential.
    • Strategic location near entertainment complex attracting increased foot traffic.




    Prime high-visibility corner investment property located at 1066 dundas st, consisting of three connected buildings with multiple income streams. The property currently generates approximately $106,600 in annual income. 1062 dundas st operates as a well-established owner-run laundromat generating approximately $50,000/year, with the business included in the sale. 1064 dundas st is leased to a barber shop at $10,200/year plus utilities. 1066 dundas st features a main floor retail unit rented for $1,700/month, a two-bedroom apartment rented for $1,250/month, and a rear one-bedroom unit currently owner-occupied with rental potential of approximately $1,000/month. The partially finished basement is currently used as a workshop. Strategically located next to the factory entertainment complex and the hard rock hotel development, this area is experiencing significant revitalization and growth, bringing increased foot traffic, tourism, and business activity. The property benefits from excellent exposure, strong street presence, and proximity to downtown london amenities. Dc zoning allows for a wide range of commercial and residential uses, offering excellent future redevelopment or value-add potential. Extras: property sold "as is, where is" with no warranties or representations. No financial statements available due to seller's age. Hst is in addition to the purchase price.
    Listing IDX13602992
    Address1062 - 1066 Dundas Street
    CityLondon East, Ontario
    Price$1,100,000
    StyleCommercial Retail
    Land Size5414
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype Commercial RetailCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Brokerage: CENTURY 21 FIRST CANADIAN CORP

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    1062 - 1066 Dundas Street
    London East , Ontario
    $1,100,000
    Get more info