1062 - 1066 Dundas Street E, London East, ON N5W 3A6
London East, ON, N5W 3A6 · East G
About this property
Prime high-visibility corner investment property located at 1066 Dundas St, consisting of three connected buildings with multiple income streams. The property currently generates approximately $106,600 in annual income.1062 Dundas St operates as a well-established owner-run laundromat generating approximately $50,000/year, with the business included in the sale.1064 Dundas St is leased to a barber shop at $10,200/year plus utilities.1066 Dundas St features a main floor retail unit rented for $1,700/month, a two-bedroom apartment rented for $1,250/month, and a rear one-bedroom unit currently owner-occupied with rental potential of approximately $1,000/month. The partially finished basement is currently used as a workshop. Strategically located next to The Factory entertainment complex and the Hard Rock Hotel development, this area is experiencing significant revitalization and growth, bringing increased foot traffic, tourism, and business activity. The property benefits from excellent exposure, strong street presence, and proximity to downtown London amenities. DC zoning allows for a wide range of commercial and residential uses, offering excellent future redevelopment or value-add potential. EXTRAS: Property sold "as is, where is" with no warranties or representations. No financial statements available due to Seller's age. HST is in addition to the purchase price.
Features & Amenities
- Garage: None
- Cooling: Partial
- Heat Type: Gas Forced Air Closed
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Commercial Retail |
| Lot Size | 5,414 Feet |
| Garage | None |
| Parking Spaces | 10 |
| Heat Type | Gas Forced Air Closed |
| Cooling | Partial |
| Annual Tax | $7,423 |
| Tax Year | 2025 |
Building & Construction
- Approximate Age
- 31-50
- Building Area Total
- 5400
Heating & Cooling
- Heat Type
- Gas Forced Air Closed
- Cooling
- Partial
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 10
Lot & Land
- Lot Size Area
- 5414.00
- Lot Size Units
- Feet
- Lot Depth
- 108.20
- Lot Width
- 50.03
Community & Neighborhood
- Community Features
- Major Highway, Public Transit
Financial & Tax
- Tax Annual Amount
- $7,423
- Tax Year
- 2025
- Possession Type
- Immediate
Utilities & Services
- Water Source
- Water System
- Utilities
- Available
Additional Details
- Occupant Type
- Owner+Tenant
- County Or Parish
- Middlesex
- Cross Street
- Dundas St & Kellogg Ln
- Directions
- Dundas St & Dorinda St
- Showing Requirements
- Showing System, List Salesperson
Location
1062 - 1066 Dundas Street E, London East, ON N5W 3A6, London East, ON, N5W 3A6