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1267 DUNDAS STREET, London, Ontario, N5W 3B3

MLS® # X11898941
new listing
Investment For Sale In East London, London, Ontario
$728,000
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Other
1267 Dundas Street, London, ON - Other
1267 Dundas Street, London, ON - Other
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Outdoor
1267 Dundas Street, London, ON - Other
1267 Dundas Street, London, ON - Other
1267 Dundas Street, London, ON - Other
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Home Insurance - TD Insurance
Get a home insurance quote online for this $728,000 property in London
Provided by TD Insurance

Home Insurance - TD Insurance

Get a home insurance quote online for this $728,000 property in London

Provided by TD Insurance
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ACTIVE
1267 DUNDAS STREET, London, Ontario, N5W 3B3
$728,000

Property Information:

This 8-unit property, situated at the intersection of Dundas St and Oakland Ave, offers incredible potential for savvy investors. With a gross income of $66,168 (projected to increase to $73,368) and a net income of $33,372 (projected to grow to $40,572), this property is a true income-generator. Each of the 8 units has its own meter, providing excellent opportunities for future landlords to boost profitability. The building comprises five one-bedroom units, one bachelor unit, and two two-bedroom units, all fully rented. Additional features include five parking spots and a single-car garage, which can be rented for extra storage income. The basement under 1265 is unfinished and includes a 2-piece bathroom, with plumbing in place to add laundry facilities. The remaining space can also be rented as a workshop or storage area for added revenue. Properties like this are rare at such an attractive price. Don't miss your chance to own this 8plex and take advantage of its income potential! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Partial
  • Exterior Finish: Brick, Vinyl siding
  • Foundation Type: Block
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric
  • Appliances: Refrigerator, Stove

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 9
  • Bathrooms: 9
  • Half Bathrooms: 1
  • Amenities Nearby: Public Transit, Schools
  • Community Features: School Bus
  • Irregular: Yes
  • Lot Depth: 126.8 Feet
  • Lot Frontage: 32.1 Feet
  • Lot Size: 32.1 x 126.9 FT
  • Zoning: AC4 R2
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 4

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

REALTOR.ca  

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Location of 1267 DUNDAS STREET, London, Ontario, N5W 3B3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 1267 DUNDAS STREET , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 1267 DUNDAS STREET , experiences 11 significant 2-day storms per year, with about 329.2mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 405.6mm of precipitation per year.

Precipitation Per Storm

Past
329.2mm
2050
405.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1267 DUNDAS STREET, London, Ontario, N5W 3B3

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$72,644.77

Average Number of Children

1.50

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.73 %

High school certificate or equivalent

34.51 %

Apprenticeship trade certificate/diploma

4.67 %

College/non-university certificate

23.7 %

University certificate (below bachelor)

1.88 %

University Degree

13.51 %

Commuter

Travel To Work

By Car

77.94 %

By Public Transit

14.14 %

By Walking

5.38 %

By Bicycle

0.0 %

By Other Methods

2.54 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.93 %

Houses

43.07 %

Own Vs. Rent

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