532 Dundas St - Storefront Retail/Office FOR SALE


London, ON N6B 1W6
$1,799,900 CAD
519-872-8326
532 Dundas St, London, ON for Sale
$1,799,900 CAD
Storefront Retail/Office - FOR SALE
1/2
null | Request Cap Rate

532 Dundas St
London, ON N6B 1W6


HIGHLIGHTS

  • Recently updated residential units and well-maintained building systems.
  • Portfolio includes a duplex, a four-unit building, and a seven-unit, three-story building for a total of 13 units.
  • On-site parking for four vehicles, with shared laundry and coin laundry facilities on-site.

OVERVIEW

An exceptional investment opportunity awaits with this centrally located 13-unit property along London’s prominent Dundas Street corridor. The portfolio encompasses three well-maintained buildings: a duplex, a fourplex, and a three-story structure featuring seven units. Together, they deliver a strong unit mix of 12 residential apartments plus one additional unit configured for either commercial or residential tenancy—historically utilized as a residential unit. Currently, 11 of 13 units are occupied at market-level rents, with all residences having undergone recent updates to interiors and key building systems. Amenities such as on-site parking for four vehicles, coin-operated laundry in the fourplex, and shared laundry in the duplex enhance tenant convenience and operational efficiency. Professional management currently in place is willing to remain, providing a seamless transition for investors seeking a turnkey, low-touch asset. Situated within walking distance of essential services, public transit, and major employers, this property benefits from exceptional accessibility and a steady rental demand. A projected gross income of approximately $198,067, paired with anticipated net operating income exceeding $125,000 annually, underscores the strength and predictability of this investment in the vibrant Downtown London market.

FOR SALE DETAILS

PRICE

$1,799,900 CAD

PRICE/SF

$642 CAD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

OR D250 H46

APN/PARCEL ID

393602003008600

ASK ABOUT THIS PROPERTY

Bradley GleedThrive Realty GroupMore Info
519-872-8326

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Bradley GleedThrive Realty GroupMore Info
519-872-8326

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