198 Dundas St - Storefront Retail/Residential FOR SALE


London, ON N6A 1G7
$1,499,000 CAD
416-625-1178
198 Dundas St, London, ON for Sale
$1,499,000 CAD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

198 Dundas St
London, ON N6A 1G7


OVERVIEW

Prime Investment Opportunity In The Heart Of Downtown London! Rare Chance To Own A Four-Storey Mixed-Use Commercial And Residential Building In A High-Demand Core Downtown Location.Main Floor: Currently Leased To A Well-Established Indian Restaurant Generating Stable Rental Income.Basement: Also Leased To The Restaurant, Providing Additional Income.Second Floor: A Spacious 3-Bedroom Apartment With A Kitchen And Washroom.Third Floor: A 2-Bedroom Apartment Featuring A Kitchen, Washroom, And Private Patio.Fourth Floor: An Open-Concept Space Ready To Be Customized By The New Owner Or Tenant To Suit Their Needs. Additional Features Include Two Dedicated Parking Spaces And Ample Additional Parking At The Rear Of The Building. Situated In A Convenient Location Surrounded By Government Buildings, Banks, Colleges, Hotels, And Shopping Centres. Zoned DA (Downtown Area), Allowing For A Wide Variety Of Commercial And Residential Uses Such As Retail, Entertainment, Hotel, Clinic, Studio, Private Club, And Rental Apartments. This Property Offers Strong Rental Income And Excellent Potential For LongTerm Value Appreciation. Don't Miss The Great Opportunity!

FOR SALE DETAILS

PRICE

$1,499,000 CAD

PRICE/SF

$202 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1876

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

393601001012400

ASK ABOUT THIS PROPERTY

Helen YanRE/MAX Atrium HomeMore Info
416-625-1178

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Helen YanRE/MAX Atrium HomeMore Info
416-625-1178

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.