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MLS® X12710840
London, ON
Exceptional Fully Tenanted Income Property - 7.25%+ Cap Rate, an outstanding opportunity to own a fully tenanted, low-maintenance, income-generating property offering a 7.25%+ cap rate. Simply buy and enjoy stable returns-everything is new. This property has been completely renovated, inspected, and approved by the City of London, featuring a total of 2,457 sq. ft. of living space with abundant natural light, large windows, and high ceilings throughout. Property Highlights:1 Commercial Unit (500 sq. ft.) with excellent street exposure,3 parking spaces at the front. Residential Units: Main unit: 2 bedrooms / 2 bathrooms with a thoughtful layout, Second floor: 3 bedrooms / 1 bathroom, Third floor: 2 bedrooms / 1 bathroom. All residential units feature gorgeous new kitchens with quartz countertops, modern finishes, and beautifully updated bathrooms. A rear entrance leads to a new concrete pad and additional parking at the back. Recent Upgrades & Improvements: New vinyl flooring throughout,2021 shingles and eavestroughs, Two new furnaces (2021) with completely new HVAC ducting and venting, HVAC systems for both heating and cooling, New windows and plumbing, fully updated kitchens and washrooms. This turn-key property combines strong cash flow, minimal maintenance, and long-term value-an ideal addition to any investment portfolio.
Inclusions
Fire-rated separation, with ensuite laundry in 2 units.4 owned hot water tanks,2 owned furnaces, 2 Air conditioners,1 Mini-Split in commercial unit.
Broker
HOMELIFE SILVERCITY REALTY INC.
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Store W Apt/Office
544 Dundas Street E London
London East
Type
Store W Apt/Office
Parking
None
Property Tax
~$1,542/yr
Heating
Gas Forced Air Open
Buying Essentials
Square Feet
2957 sqft
Parking
None
Finances
List Price
$824,000
Price per SQFT
$279/sqft
Property Tax
~$1,542/yr
Property Specs
Property Type
Store W Apt/Office
MLS Size
2957 sqft
Living & Amenities
Heating Type
Gas Forced Air Open
Policies & Utilities
Neighbourhood
London East
Listed On
Jan 19, 2026
Days on Market
Current: 292 days
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