532 Dundas St 2,805 SF Retail Building London, ON N6B 1W6 $1,799,900 CAD ($641.68 CAD/SF)

An exceptional investment opportunity awaits with this centrally located 13-unit property along London’s prominent Dundas Street corridor. The portfolio encompasses three well-maintained buildings: a duplex, a fourplex, and a three-story structure featuring seven units. Together, they deliver a strong unit mix of 12 residential apartments plus one additional unit configured for either commercial or residential tenancy—historically utilized as a residential unit.
Currently, 11 of 13 units are occupied at market-level rents, with all residences having undergone recent updates to interiors and key building systems. Amenities such as on-site parking for four vehicles, coin-operated laundry in the fourplex, and shared laundry in the duplex enhance tenant convenience and operational efficiency. Professional management currently in place is willing to remain, providing a seamless transition for investors seeking a turnkey, low-touch asset.
Situated within walking distance of essential services, public transit, and major employers, this property benefits from exceptional accessibility and a steady rental demand. A projected gross income of approximately $198,067, paired with anticipated net operating income exceeding $125,000 annually, underscores the strength and predictability of this investment in the vibrant Downtown London market.