For Sale - 1066 Dundas Street, London East, Ontario

Est payment $4,754/mo
Views   1
Time on Jump  93 day
  • High visibility corner location at Dundas and Dorinda with excellent traffic exposure.
  • Currently operating laundromat earns $50k-$60k annually, a solid business opportunity.
  • Long-term barber shop tenant provides stable income of $10,200 annually.
  • Vacant retail store and two-bedroom apartment offer potential annual income of $36,000.
  • Additional one-bedroom apartment could add $1,000 monthly in rental income.



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 **extras** property to be sold in "as is" condition with no warranties or financials available as the seller is elderly and in poor health. Hst in addition to purchase price.
Listing IDX11925466
Address1066 Dundas Street
CityLondon East, Ontario
Price$959,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailCommunity Features Major Highway, Public TransitBasement 1Heating / Cooling Gas Forced Air Closed
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Listing Agency:  CENTURY 21 FIRST CANADIAN CORP
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1066 Dundas Street
London East , Ontario
$959,000
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