RE/MAX ATRIUM HOME REALTY

$1,499,000

198 DUNDAS STREET, London East, Ontario

Property

MLS® Number: X12118285

Address: 198 DUNDAS STREET

City: London East

Utilities

Central Air: Yes

Heating: Forced Air, Natural Gas

Parking

Parking Spaces: 2

Prime Investment Opportunity In The Heart Of Downtown London! Rare Chance To Own A Four-Storey Mixed-Use Commercial And Residential Building In A High-Demand Core Downtown Location.Main Floor: Currently Leased To A Well-Established Indian Restaurant Generating Stable Rental Income.Basement: Also Leased To The Restaurant, Providing Additional Income.Second Floor: A Spacious 3-Bedroom Apartment With A Kitchen And Washroom.Third Floor: A 2-Bedroom Apartment Featuring A Kitchen, Washroom, And Private Patio.Fourth Floor: An Open-Concept Space Ready To Be Customized By The New Owner Or Tenant To Suit Their Needs. Additional Features Include Two Dedicated Parking Spaces And Ample Additional Parking At The Rear Of The Building. Situated In A Convenient Location Surrounded By Government Buildings, Banks, Colleges, Hotels, And Shopping Centres. Zoned DA (Downtown Area), Allowing For A Wide Variety Of Commercial And Residential Uses Such As Retail, Entertainment, Hotel, Clinic, Studio, Private Club, And Rental Apartments. This Property Offers Strong Rental Income And Excellent Potential For Long-Term Value Appreciation. Don't Miss The Great Opportunity! (id:52316)

Property Sale History

Travel and Neighbourhood

Somewhat Walkable

Location

Chris Bridges
Chris Bridges

REALTOR® Broker

RE/MAX Escarpment

Contact Chris Bridges