200 DUNDAS Street
London East, ON
4,478 sqft • Store W Apt/Office • 581 days on market
Welcome to a premier investment opportunity in the heart of London! This Licensed, mixed-use property features three well-appointed residential units (LEASED), a prime main -floor commercial space (LEASED), and a potential basement commercial unit, offering a rare blend of residential and commercial income streams. Situated on the highly sought-after "My Dundas Place" corridor, this property is perfectly positioned for both immediate returns and long-term growth. The residential units, thoughtfully configured, ensure high demand and quick occupancy. Notable upgrades include a newer furnace for the commercial unit, modern mini-split systems in residential units 2 and 3, a partially replaced roof, a comprehensive video surveillance system, electronic door locks for each unit, and currently has a rental license. This turnkey property is an investor's dream, combining functionality, location and profitability in one exceptional package.
Listing Details
- Taxes (2024)
- $18,606
- Originally Listed
- $989,000
- Listed
- January 23, 2025
Price History
Property
- Age
- 100+
Utilities
- Sewer
- Sanitary
Location & Legal
- Cross Street
- Between Richmond & Clarence
- Zoning
- DA1
- Parcel Number
- 082640084
Commercial
- Occupancy
- Tenant
- Office / Apartment Area
- 1500 Sq Ft
Community
Postal area N6A
- Population
- 13,810
- Private dwellings
- 9,768
- Median age
- 34
- Average household size
- 1.8
- Median household income
- $61,200
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in London East · last 12 months
- Median sold price
- $461,500
- Homes sold
- 1,313
- Median days on market
- 24
- Sale-to-list price
- 97.0%
Based on 1,313 recorded sales of commercial properties in London East over the last 12 months.
Listed by
THRIVE REALTY GROUP INC.
Location
Commercial figures
- Building area
- 4,478 sq ft
- Price per sq ft
- $199.87
- Annual property tax
- $18,606
- Tax per sq ft
- $4.15
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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