$999,900
Available - For Sale
Listing ID: X8284876
1062- 1064-1066 DUNDAS St East , London, N5W 3A6, Ontario
| 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: | $6605.65 |
| 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 |
| Category: | With Property |
| Total Area: | 4500.00 |
| 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 |
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Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
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At a Glance:
| Type: | Com - Sale Of Business |
| Area: | Middlesex |
| Municipality: | London |
| Neighbourhood: | East G |
| Lot Size: | 50.06 x 108.27(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $6,605.65 |
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