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Thursday, October 31st, 2024

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$999,900
Available - For Sale
Listing ID: X8284876
Excellent high visibility corner of Dundas and Dorinda. 3 buildings abutting. Presently laundromat (1062 Dundas) owner operated earns $50k-$60k annually business included. 1064 Dundas rented to a barber shop with annual income $10,200 plus utilities for decades. 1066 Dundas $700 SQFT vacant retail store with bathroom and two bedroom apartment with potential annual income $36,000 plus utilities. Also, there is a one bedroom apartment at rear part of property with a separate entrance which is occupied by the owner- it could be rented for another $1000 plus each month as a bonus. Basement are partially finished are currently used for the owner's workshop. Cash flow earns. The owner is selling for retirement. Property is sold "as is". Property in need of extensive renovations with great potential. The BDC Zone variation provides a WIDE mix of retail, restaurant, and neighbourhood facility, office, and residential uses which are appropriate in all Business District Commercial Zone variations. Potential future development as well.
Price $999,900
Taxes: $6,605.65
Assessment: $208000
Assessment Year: 2016
Occupancy by: Own+Ten
Address: 1062- 1064-1066 Dundas St East , London, N5W 3A6, Ontario
Postal Code: N5W 3A6
Province/State: Ontario
Legal Description: PART LOT 10 NORTH OF DUNDAS STREET PLAN
Lot Size: 50.06 x 108.27 (Feet)
Directions/Cross Streets: Dorinda Street
Zoning: BDC
Category: With Property
Total Area: 4,500
Total Area Code:  Sq Ft
Retail Area: 3500
Area Influences: Public Transit  
Approximatly Age: 51-99
Business/Building Name: Sun Laundromat
Financial Statement: N
LLBO: N
Outside Storage: N
Elevator Lift: None
Sewers: Sewers
Water: Municipal
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CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

1062- 1064-1066 Dundas St East , London, N5W 3A6, Ontario

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Sale Of Business
Area: Middlesex
Municipality: London
Neighbourhood: East G
Style:
Lot Size: 50.06 x 108.27(Feet)
Approximate Age: 51-99
Tax: $6,605.65
Maintenance Fee: $0
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com