1843 Dundas Street E London, Ontario N5W 3E6
$749,999
Versatile Mixed-Use Property 1843 Dundas Street, London, ON Zoned Residential & Commercial | Legal Duplex | $50K+ 2024 Income | Estate Sale Probate Completed Offered for the first time in over 50 years, 1843 Dundas Street is a rare and strategic opportunity for investors, business owners, or live/work buyers. Owned since 1972, this well-maintained property is now available as part of an estate sale, with probate fully completed, making for a smooth and ready transaction. Zoning Permits Multiple Uses: Automobile Repair Garages Automotive Retail & Services Restaurants or Food Services Taxi Establishments Property Highlights: Legal Duplex featuring three kitchens and three hydro meters New Roof (2025) Recently installed for long-term durability $35,000 Boiler System High-efficiency and recently upgraded Second-Floor Staircase Updated to Code (2021) Safe and compliant 2024 Income Over $50,000 Steady cash flow with further potential Long-Term, Friendly Tenants A respectful, cooperative tenant mix that helps care for the property and looks out for each other Ample Parking & Exposure Generous lot with excellent visibility on Dundas Street near Clarke Road Investment Potential: With a projected cap rate of 7% when fully maximized, this property combines strong financials with unmatched flexibility. Ideal for commercial use, residential rentals, or a hybrid live/work model. Opportunities like this held for decades and zoned for multiple high-demand uses are incredibly rare. Now is your chance to own a property with history, income, and future upside. (id:53488)
Property Details
| MLS® Number | X12096140 |
| Property Type | Multi-family |
| Community Name | East N |
| Amenities Near By | Public Transit, Schools |
| Community Features | School Bus |
| Features | Dry |
| Parking Space Total | 8 |
| View Type | City View |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Total | 4 |
| Age | 51 To 99 Years |
| Amenities | Fireplace(s) |
| Appliances | Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk Out |
| Basement Type | N/a (finished) |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Fire Protection | Smoke Detectors |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Foundation Type | Unknown |
| Heating Fuel | Wood |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Fence Type | Fenced Yard |
| Land Amenities | Public Transit, Schools |
| Sewer | Sanitary Sewer |
| Size Depth | 148 Ft ,8 In |
| Size Frontage | 70 Ft ,3 In |
| Size Irregular | 70.3 X 148.7 Ft |
| Size Total Text | 70.3 X 148.7 Ft|under 1/2 Acre |
| Zoning Description | Asa5 Rs |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bathroom | 1.47 m | 1.82 m | 1.47 m x 1.82 m |
| Basement | Kitchen | 3.12 m | 4.05 m | 3.12 m x 4.05 m |
| Basement | Living Room | 3.96 m | 3.75 m | 3.96 m x 3.75 m |
| Basement | Utility Room | 4.67 m | 1.78 m | 4.67 m x 1.78 m |
| Main Level | Bathroom | 1.97 m | 1.49 m | 1.97 m x 1.49 m |
| Main Level | Bedroom | 3.83 m | 3.51 m | 3.83 m x 3.51 m |
| Main Level | Bedroom 2 | 4.09 m | 3.51 m | 4.09 m x 3.51 m |
| Main Level | Kitchen | 4.09 m | 3.14 m | 4.09 m x 3.14 m |
| Main Level | Living Room | 3.87 m | 5.52 m | 3.87 m x 5.52 m |
| Upper Level | Bathroom | 1.96 m | 1.5 m | 1.96 m x 1.5 m |
| Upper Level | Bedroom | 3.71 m | 3.52 m | 3.71 m x 3.52 m |
| Upper Level | Dining Room | 2.01 m | 1.77 m | 2.01 m x 1.77 m |
| Upper Level | Kitchen | 2.17 m | 5.03 m | 2.17 m x 5.03 m |
| Upper Level | Living Room | 3.79 m | 4.95 m | 3.79 m x 4.95 m |
https://www.realtor.ca/real-estate/28196851/1843-dundas-street-e-london-east-n
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Michael Jones
Salesperson
519 York Street
London, Ontario N6B 1R4
(519) 649-6900
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April 22 2025 05:21:46
London and St. Thomas Association of REALTORS®
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