$899,000
1544 DUNDAS STREET
Beds
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Baths
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Sqft
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Year
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Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for London East (East H). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Prime investment opportunity located at the corner of Dundas and First Streets. This is a free standing building with main floor consisting of 1,639 square feet which was completely re-built by the previous tenant, Salvatore Pizza and has just been leased to WiNGS4Ut at $23.00 per square for five years. Net annual rent is $37,697.00. Lower level consisting of approximately 1,500 square feet is for lease at $1,000.00 on a gross basis. See MLS # for details. Potential net income of $49,697.00. On site parking for 10 cars. Lower level also for lease. See MLS # X13043916 for details. (id:65958)
- Subtype
- Retail
- Community
- East H
- Living area
- 3,139 square feet
- Lot dimensions
- 45.5 x 99.69 FT
- Parking
- 10 total
- On market
- Apr 25, 2026
- Status changed
- Apr 25, 2026
- Annual tax
- $9,361
- Zoning
- ASA1(22)
- Photos
- 9
- MLS#
- X13043954
- Area
- LONDON_EAST_(EAST_H)
Features and systems
Heating
Cooling
Cash on cash
-6.57%
Cap rate
3.55%
GRM
16.6
Break-even rent
$5,537
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 25, 2026.