Investment signal

$999,000

1680 DUNDAS STREET E

Beds

Baths

Sqft

Year

About this home

Discover this prime 5-unit investment one commercial and four residential properties offering strong income. All units are currently rented for $5,800 plus taxes. This Property consists of one commercial unit, 3 units with three bedrooms and 1 unit with one bedroom. Ideally located near Argyle Mall, and close to schools, shopping, public transition, this property is well-positioned to attract quality tenants. A large parking lot with a space for every unit. Don't miss a great opportunity to invest in London! (id:65958)

Subtype
Multi-family
MLS#
X12994656
Area
LONDON_EAST_(EAST_H)
Negative cash flow ~$1,940/mo at these assumptions

Cash on cash

-11.65%

Cap rate

3.56%

GRM

16.6

Break-even rent

$7,042

Financing

Down payment$199,800
Loan amount$799,200
Mortgage$4,903/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$458
Insurance$80
Maintenance$833
CapEx reserve$416
Vacancy loss$250

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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

Estimated $4,903/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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