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MLS® X13676564
London, ON
ATTENTION INVESTORS: Fully renovated turn-key 8-unit mixed use building plus unfurnished basement. Seven residential suites - 3 bachelor, 2 one-bedroom, 2 two-bedroom - over a ground floor commercial pizza store. Every residential unit has been completely renovated: new flooring, paint, doors, kitchens, bathrooms and appliances. In-suite laundry in units 4 & 5. Major works completed 2026: new steel roof, new steel vents, new exterior lighting throughout, new windows with protectors, new concrete sidewalk, and new vapor barrier through the basement wall. All seven residential units and one commercial unit are vacant with immediate possession - the buyer sets market rent from day one with no inherited tenant issues. Projected gross scheduled income of $132,960 annually based on current market rents. Unfinished basement includes multiple storage areas plus a bathroom rough-in - unpriced upside. Parking at the rear can fit 7 cars at a time. Corner exposure at Dundas & Hale St. Nothing left to do but lease it up!
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Investment
697 Hale Street London
London East
Type
Investment
Parking
None
Property Tax
~$5,472/yr
Heating
Baseboard
Buying Essentials
Square Feet
6171 sqft
Parking
None
Finances
List Price
$1,499,900
Price per SQFT
$243/sqft
Property Tax
~$5,472/yr
Property Specs
Property Type
Investment
MLS Size
6171 sqft
Living & Amenities
Heating Type
Baseboard
Policies & Utilities
Neighbourhood
London East
Listed On
Aug 14, 2026
Days on Market
Current: 86 days
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