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$1,499,900

0 Beds 0 Baths 6,171 SQFT 0.11 Acres
Type: Multi-Family

697 HALE STREET
London East (East N), ON N5W1J1

MLS#: X13676564
Rish Oberai
Rish Oberai
Condo Digs
Sales Representative
Phone: 647.669.9429
Office: 647.259.8806
Presented by: RIGHT AT HOME REALTY

Property Description

 

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! (id:7434)


 

Interior Features

Other Interior Features

Building Fireplace PresentFalse
Building Heating TypeBaseboard heaters
Living Area Range6,171 sqft

General

Building Cooling TypeNone
Building TypeMulti-Family
Business Sub TypeApartments
Business TypeResidential
CommunityNameEast N
FeaturesIrregular lot size
Location DescriptionCross Streets: Dundas St / Hale St. ** Directions: Head East on Dundas St, turn East on Hale Street.
Property TypeMulti-family
Zoning DescriptionASA4/ASA5

Exterior

SewerSanitary sewer

Additional Details

  

Similar Properties

$1,499,900

0 Beds 0 Baths 6,171 SQFT 0.11 Acres
Type: Multi-Family

697 HALE STREET
London East (East N), ON N5W1J1

MLS#: X13676564
Rish Oberai
Rish Oberai
Condo Digs
Sales Representative
Phone: 647.669.9429
Office: 647.259.8806
RE/MAX Condos Plus Corp. Brokerage
45 Harbour Sq. Toronto, ON M5J 2G4

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