198 Dundas Street London East (East K), Ontario N6A 1G7
$1,499,000
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:50787)
Property Details
| MLS® Number | X12118285 |
| Property Type | Retail |
| Community Name | East K |
| Amenities Near By | Public Transit, Recreation |
| Parking Space Total | 2 |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 4000 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Public Transit, Recreation |
| Size Depth | 132 Ft ,4 In |
| Size Frontage | 18 Ft ,11 In |
| Size Irregular | 18.97 X 132.34 Ft |
| Size Total Text | 18.97 X 132.34 Ft |
| Zoning Description | Da1 |
https://www.realtor.ca/real-estate/28246907/198-dundas-street-london-east-east-k-east-k
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
May 02 2025 01:15:34
Toronto Real Estate Board
RE/MAX Atrium Home Realty