$788,000
1267 Dundas St
East M, London, Ontario, N5W 3B3
Properties with this icon are courtesy of TRREB.
Call it a cash cow! This 8plex is located on Dundas St and Oakland Ave. This property is a GREAT INVESTMENT with a gross income of $66,168 (projected $73,368) and a Net income of $33,372 (Projected $40,572) with 8 meters, allowing future landlords plenty of opportunity to increase the bottom line. There are five one-bedroom, one bachelor unit, and two two-bedroom units, all fully rented. There are 5 Parking spots and a Single-car garage that can be rented as a storage space. The basement under 1265 is unfinished with a 2pc bathroom that can be rented as a workshop area/storage for extra income. It is a very rare opportunity to get an 8plex at this price.
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