Versatile Mixed-Use Property 1843 Dundas Street, London, ON Zoned Residential & Commercial | Legal Duplex | $50K+ 2024 Income | Estate Sale Probate Completed Offered for the first time in over 50 years, 1843 Dundas Street is a rare and strategic opportunity for investors, business owners, or live/work buyers. Owned since 1972, this well-maintained property is now available as part of an estate sale, with probate fully completed, making for a smooth and ready transaction. Zoning Permits Multiple Uses: Automobile Repair Garages Automotive Retail & Services Restaurants or Food Services Taxi Establishments Property Highlights: Legal Duplex featuring three kitchens and three hydro meters New Roof (2025) Recently installed for long-term durability $35,000 Boiler System High-efficiency and recently upgraded Second-Floor Staircase Updated to Code (2021) Safe and compliant 2024 Income Over $50,000 Steady cash flow with further potential Long-Term, Friendly Tenants A respectful, cooperative tenant mix that helps care for the property and looks out for each other Ample Parking & Exposure Generous lot with excellent visibility on Dundas Street near Clarke Road Investment Potential: With a projected cap rate of 7% when fully maximized, this property combines strong financials with unmatched flexibility. Ideal for commercial use, residential rentals, or a hybrid live/work model. Opportunities like this held for decades and zoned for multiple high-demand uses are incredibly rare. Now is your chance to own a property with history, income, and future upside. (id:53193)
MLS® Number | X12096140 |
Property Type | Multi-family |
Community Name | East H |
AmenitiesNearBy | Public Transit, Schools |
CommunityFeatures | School Bus |
Features | Dry |
ParkingSpaceTotal | 8 |
ViewType | City View |
BathroomTotal | 3 |
BedroomsAboveGround | 4 |
BedroomsTotal | 4 |
Age | 51 To 99 Years |
Amenities | Fireplace(s) |
Appliances | Stove, Refrigerator |
BasementDevelopment | Finished |
BasementFeatures | Apartment In Basement, Walk Out |
BasementType | N/a (finished) |
CoolingType | Window Air Conditioner |
ExteriorFinish | Brick |
FireProtection | Smoke Detectors |
FireplacePresent | Yes |
FireplaceTotal | 1 |
FoundationType | Unknown |
HeatingFuel | Wood |
HeatingType | Radiant Heat |
StoriesTotal | 2 |
SizeInterior | 1500 - 2000 Sqft |
Type | Duplex |
UtilityWater | Municipal Water |
Attached Garage | |
Garage |
Acreage | No |
FenceType | Fenced Yard |
LandAmenities | Public Transit, Schools |
Sewer | Sanitary Sewer |
SizeDepth | 148 Ft ,8 In |
SizeFrontage | 70 Ft ,3 In |
SizeIrregular | 70.3 X 148.7 Ft |
SizeTotalText | 70.3 X 148.7 Ft|under 1/2 Acre |
ZoningDescription | Asa5 Rs |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Basement | Bathroom | 1.47 m | 1.82 m | 1.47 m x 1.82 m |
Basement | Kitchen | 3.12 m | 4.05 m | 3.12 m x 4.05 m |
Basement | Living Room | 3.96 m | 3.75 m | 3.96 m x 3.75 m |
Basement | Utility Room | 4.67 m | 1.78 m | 4.67 m x 1.78 m |
Main Level | Bathroom | 1.97 m | 1.49 m | 1.97 m x 1.49 m |
Main Level | Bedroom | 3.83 m | 3.51 m | 3.83 m x 3.51 m |
Main Level | Bedroom 2 | 4.09 m | 3.51 m | 4.09 m x 3.51 m |
Main Level | Kitchen | 4.09 m | 3.14 m | 4.09 m x 3.14 m |
Main Level | Living Room | 3.87 m | 5.52 m | 3.87 m x 5.52 m |
Upper Level | Bathroom | 1.96 m | 1.5 m | 1.96 m x 1.5 m |
Upper Level | Bedroom | 3.71 m | 3.52 m | 3.71 m x 3.52 m |
Upper Level | Dining Room | 2.01 m | 1.77 m | 2.01 m x 1.77 m |
Upper Level | Kitchen | 2.17 m | 5.03 m | 2.17 m x 5.03 m |
Upper Level | Living Room | 3.79 m | 4.95 m | 3.79 m x 4.95 m |
https://www.realtor.ca/real-estate/28196851/1843-dundas-street-e-london-east-east-h-east-h
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Michael Jones
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