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$1,499,900
Available - For Sale
Listing ID: X13676564
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!
Price $1,499,900
Taxes: $5,472
Tax Type: Annual
Assessment Year: 2026
Occupancy by: Vacant
Address: 697 Hale Street , London East, N5W 1J1, Middlesex
Postal Code: N5W 1J1
Province/State: Middlesex
Legal Description: PT LT 41 PLAN 431 AS IN 446658 LONDON/LO
Directions/Cross Streets: Dundas St / Hale St
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 6,171
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: F
Franchise: F
Maintenance: 0
Expenses Actual/Estimated: $Act
Sprinklers: No
Rail: N
Heat Type: Baseboard
Central Air Conditioning: No
Sewers: Sanitary
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Asking Price: $ Heating: $ /Year  
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RIGHT AT HOME REALTY

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

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Investment
Area: Middlesex
Municipality: London East
Neighbourhood: East N
Style:
Lot Size: x 116.94(Feet)
Approximate Age:
Tax: $5,472
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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