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$ 2,500,000
Est. payment | /mo
10 Beds
8 Baths
$ 2,500,000
Est. payment | /mo
10 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision East G
MLS Listing ID X13080062
Style 2-Storey
Bedrooms 10
Annual Tax Amount $18,227
Tax Year 2026
Property Sub-Type Multiplex
Property Description
Exceptional mixed use investment opportunity at 755-761 Dundas Street. This established income property features 7 residential units and 4 commercial units generating a total gross annual income of $192,030. Current monthly rents total $16,002.51 ($8537.51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633. Listed at a 6.35% Cap rate at an asking price of $2,500,000. All commercial leases include HST. Residential tenants are month to month or long term. Strong diverse tenant mix with minimal vacancy. Stable cash flow in place from day one.
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room No
Basement None
Kitchen 8
Interior
Interior Features None
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Parking Features Available
Garage Spaces 2.0
Pool None
Roof Type Other
Lot Frontage 37.79
Lot Depth 144.34
Total Parking Spaces 4
Building
Foundation Other
Others
ParcelsYN No
Listed by THE AGENCY REAL ESTATE
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