1062 - 1066 Dundas Street
London East, ON
5,400 sqft • Commercial Retail • 165 days on market
Prime high-visibility corner investment property located at 1066 Dundas St, consisting of three connected buildings with multiple income streams. The property currently generates approximately $106,600 in annual income.1062 Dundas St operates as a well-established owner-run laundromat generating approximately $50,000/year, with the business included in the sale.1064 Dundas St is leased to a barber shop at $10,200/year plus utilities.1066 Dundas St features a main floor retail unit rented for $1,700/month, a two-bedroom apartment rented for $1,250/month, and a rear one-bedroom unit currently owner-occupied with rental potential of approximately $1,000/month. The partially finished basement is currently used as a workshop. Strategically located next to The Factory entertainment complex and the Hard Rock Hotel development, this area is experiencing significant revitalization and growth, bringing increased foot traffic, tourism, and business activity. The property benefits from excellent exposure, strong street presence, and proximity to downtown London amenities. DC zoning allows for a wide range of commercial and residential uses, offering excellent future redevelopment or value-add potential. EXTRAS: Property sold "as is, where is" with no warranties or representations. No financial statements available due to Seller's age. HST is in addition to the purchase price.
Listing Details
- Taxes (2025)
- $7,423
- Listed
- March 9, 2026
Price History
Listing history
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Property
- Age
- 31-50
- Lot Size
- 50.03 x 108.2 Feet
Utilities
- Water
- Water System
Location & Legal
- Cross Street
- Dundas St & Kellogg Ln
- Zoning
- BDC Retail,one storey, generally under 10,000 sf
- Parcel Number
- 082880258
- Possession
- Immediate
Commercial
- Business Type
- Retail Store Related
- Occupancy
- Owner+Tenant
Included
- Inclusions
- LAUNDRY BUSINESS INCLUDES 7 COMMERCIAL SINGLE WASHERS AND 6 COMMERCIAL DRYERS
- Exclusions
- All sewing machines, fridges in 1062&1064 Dundas basement are excluded.
- Rental Items
- Hot water tank
Community
Postal area N5W
- Population
- 24,740
- Private dwellings
- 12,388
- Median age
- 40.4
- Average household size
- 2.1
- Median household income
- $64,500
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
- $460,000
- Homes sold
- 1,318
- Median days on market
- 24
- Sale-to-list price
- 97.1%
Based on 1,318 recorded sales of commercial properties in London East over the last 12 months.
Listed by
CENTURY 21 FIRST CANADIAN CORP