532-538 Dundas Street
London East, ON
- approx. 5000 + sqft
- Multiplex
- 61 days on market
13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $210k with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.
Listing Details
- Taxes (2025)
- $13,541
- Listed
- July 10, 2026
Price History
Listing history
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Property
- Style
- Other
- Construction
- Other
- Roof
- Other
- Foundation
- Other
- Interior
- Other
- Lot Size
- 102 x 102 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Electric
Location & Legal
- Cross Street
- Dundas St and William St
- Zoning
- BDC OR
- Parcel Number
- 082750098
- Possession
- Flexible
- Occupancy
- Tenant
Schools
Secondary
- London Central Secondary School0.6 km
Public · Thames Valley DSB · 955 students
Grade 10 literacy: 91% met the provincial standard
- Catholic Central High School0.8 km
Catholic · London District Catholic School Board · 1310 students
Grade 10 literacy: 89% met the provincial standard
- H B Beal Secondary School1.2 km
Public · Thames Valley DSB · 1525 students
Grade 10 literacy: 79% met the provincial standard
Elementary
- Woodfield French Immersion Public School1.1 km
Public · Thames Valley DSB · 270 students
Grade 3 reading: 88% met the provincial standard · Grade 6 math: 52% met the provincial standard
- St. John French Immersion School1.4 km
Catholic · London District Catholic School Board · 540 students
Grade 3 reading: 90% met the provincial standard · Grade 6 math: 58% met the provincial standard
- Jeanne-Sauvé Public School1.4 km
Public · Thames Valley DSB · 305 students
Grade 3 reading: 96% met the provincial standard · Grade 6 math: 58% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N6B
- Population
- 11,101
- Private dwellings
- 7,181
- Median age
- 38
- Average household size
- 1.6
- Median household income
- $49,200
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
Residential Freehold in London East · last 12 months
- Median sold price
- $461,500
- Homes sold
- 1,325
- Median days on market
- 25
- Sale-to-list price
- 97.0%
Based on 1,325 recorded sales of residential freehold properties in London East over the last 12 months.
Listed by
THRIVE REALTY GROUP INC.
Walk Score
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Location
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Mortgage Calculator
$339,800
Estimated Monthly Payment
$8,347
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $8,347/mo (20% down, 5.5%)
Taxes: $1,128/mo · Insurance: $425/mo
Estimates only. Consult a financial advisor.
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