1062 - 1066 Dundas ST E, London East, ON N5W 3A6
1062 - 1066 Dundas ST E, London East, ON N5W 3A6
1062 - 1066 Dundas ST E, London East, ON N5W 3A6
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$1,100,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Subdivision East G

MLS Listing ID X13602992

Annual Tax Amount $7,422

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

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.

Location

Province ON

County Middlesex

Area Middlesex

Zoning BDC Retail,one storey, generally under 10,000 sf

Interior

Cooling Partial

Inclusions LAUNDRY BUSINESS INCLUDES 7 COMMERCIAL SINGLE WASHERS AND 6 COMMERCIAL DRYERS

Exterior

Parking Features None

Community Features Major Highway, Public Transit

Utilities Available Available

Building

Building Age 31-50

Lot Description Lot

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Lited by CENTURY 21 FIRST CANADIAN CORP

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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1062 - 1066 Dundas ST E

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