880 Dundas Street East

London East, ONMulti-family
$1,099,000
MLS® X14112546
Multi-family6 beds6 baths1 total
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About This Property

Turnkey 6-plex in the heart of London Old East Village, steps to the new Hard Rock Hotel. Featuring three 1-bedroom units and three bachelor units. These renovated units showcase upgraded laminate flooring throughout, modern white kitchens with subway tile back splash and completely refreshed bathrooms. Four of the six units are on separate hydro meters. Newer high efficiency combination boiler and tankless hot water have recently been installed. Upgraded windows, doors, fire safety equipment and more. Additional income from the coin operated laundry within the building. Currently pulling an annual rental income of just under $84,000. A truly turnkey, cash-flowing asset, with an assumable CMHC loan in place, this cash-cow is the perfect addition to any portfolio. (id:63604)

Key Facts

Type
Multi-family
Beds
6
Baths
6
Size
2,000 sqft
Lot
32 x 100 FT
Parking
1 total
Property Details 13 details
Bedrooms
6 bedrooms
4 above grade + 2 below grade
Bathrooms
6 bathrooms
Parking
1 parking space
No Garage
Living area
2,000 - 2,500 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2
Basement
Finished, Full
Heating
Natural gas
Fireplace
No
Lot dimensions
32 x 100 FT
Frontage
32 feet
Taxes
$2,279.17 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

Separate Electricity Meters

Exterior features

Vinyl sidingStonePoured Concrete
Mortgage & Affordability Estimate monthly costs
Purchase price$1,099,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
East L
City
London East
Postal code
N5W 3A1
Nearby
Dundas St & Adelaide St N