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$ 1,700,000
Est. payment | /mo
$ 1,700,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Subdivision East G
MLS Listing ID X11952443
Style 3-Storey
Annual Tax Amount $12,769
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Located on Dundas Street in the heart of Old East Village this real opportunity is primed for significant upside, given the areas notable growth trends and increasing demand for rental units. Dundas Street is experiencing a revitalization, with new developments and infrastructure improvements attracting young professionals seeking convenient access to downtown amenities, parks, and public transit. While the current condition of some of the units may lack modern aesthetics, this presents a rare opportunity for value addition, allowing savvy investors to capitalize on the burgeoning market and transform these units into desirable living spaces that command higher rents and appreciation potential. Investing here means not just buying property but seizing a chance to shape its value moving forward. Properties must be sold together. Please contact for a proforma that outlines current income and expenses and outlines the high value of this property at market rents.
Location
Province ON
County Middlesex
Community East G
Area Middlesex
Zoning BDC
Rooms
Family Room No
Basement None
Kitchen 0
Interior
Interior Features None
Cooling Window Unit(s)
Exterior
Exterior Feature Deck, Lighting, Privacy, Year Round Living
Parking Features Available
Pool None
Roof Type Asphalt Rolled,Asphalt Shingle,Shingles
Lot Frontage 75.4
Lot Depth 144.3
Total Parking Spaces 10
Building
Foundation Concrete
Listed by STRONGHOLD REAL ESTATE INC.