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697 Hale Street, London East, ON N5W 1J1

London East, ON, N5W 1J1 · East N

Sq Ft
Investment Type
X13676564 MLS#

About this property

ATTENTION INVESTORS: Fully renovated turn-key 8-unit mixed use building plus unfurnished basement. Seven residential suites - 3 bachelor, 2 one-bedroom, 2 two-bedroom - over a ground floor commercial pizza store. Every residential unit has been completely renovated: new flooring, paint, doors, kitchens, bathrooms and appliances. In-suite laundry in units 4 & 5. Major works completed 2026: new steel roof, new steel vents, new exterior lighting throughout, new windows with protectors, new concrete sidewalk, and new vapor barrier through the basement wall. All seven residential units and one commercial unit are vacant with immediate possession - the buyer sets market rent from day one with no inherited tenant issues. Projected gross scheduled income of $132,960 annually based on current market rents. Unfinished basement includes multiple storage areas plus a bathroom rough-in - unpriced upside. Parking at the rear can fit 7 cars at a time. Corner exposure at Dundas & Hale St. Nothing left to do but lease it up!

Features & Amenities

  • Garage: None
  • Cooling: No
  • Heat Type: Baseboard
  • Sewer: Sanitary

Property Details

Property Type Commercial
Property Sub-Type Investment
Lot Size 0 Feet
Garage None
Heat Type Baseboard
Cooling No
Sewer Sanitary
Annual Tax $5,472
Tax Year 2025

Building & Construction

Building Area Total
6171

Heating & Cooling

Heat Type
Baseboard
Cooling
No

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Area
0.11
Lot Size Units
Feet
Lot Depth
116.94
Lot Width
75.43
Lot Irregularities
10.54ft x 133.07ft x 116.94ft x 75.43ft

Financial & Tax

Tax Annual Amount
$5,472
Tax Year
2025
Possession Type
Flexible
Possession Details
Flexible

Utilities & Services

Sewer
Sanitary
Utilities
Yes

Additional Details

Occupant Type
Vacant
County Or Parish
Middlesex
Cross Street
Dundas St / Hale St
Directions
Head East on Dundas St, turn East on Hale Street
Showing Requirements
Showing System

Location

697 Hale Street, London East, ON N5W 1J1, London East, ON, N5W 1J1

Listing courtesy of RIGHT AT HOME REALTY
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