For Sale - 697 Hale Street, London East, Ontario

Est payment $7,202/mo
Views   1
Time on Jump  1 days



Attention investors: fully renovated turn-key 8-unit mixed use building plus unfurnished basement. Seven residential suites - 3 bachelor, 2 one-bedroom, 2 two-bedroom - over a ground floor commercial pizza store. Every residential unit has been completely renovated: new flooring, paint, doors, kitchens, bathrooms and appliances. In-suite laundry in units 4 & 5. Major works completed 2026: new steel roof, new steel vents, new exterior lighting throughout, new windows with protectors, new concrete sidewalk, and new vapor barrier through the basement wall. All seven residential units and one commercial unit are vacant with immediate possession - the buyer sets market rent from day one with no inherited tenant issues. Projected gross scheduled income of $132,960 annually based on current market rents. Unfinished basement includes multiple storage areas plus a bathroom rough-in - unpriced upside. Parking at the rear can fit 7 cars at a time. Corner exposure at dundas & hale st. Nothing left to do but lease it up!
Listing IDX13676564
Address697 Hale Street
CityLondon East, Ontario
Price$1,499,900
StyleInvestment
Land Size0.11
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling BaseboardSewer Sanitary
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Listing Agency:  RIGHT AT HOME REALTY

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697 Hale Street
London East , Ontario
$1,499,900
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