$2,400,000
Est. $11,243/mo mortgage
761 Dundas Street · London East, N5W 2Z4
MLS® X13080062
Listed May 4, 2026
Listing courtesy of The Agency Real Estate·Updated Jun 15
Description
Exceptional mixed use investment opportunity at 755-761 Dundas Street. This established income property features 7 residential units and 4 commercial units generating a total gross annual income of $192,030. Current monthly rents total $16,002.51 ($8537.51 residential/ $7429 commercial) Annual operating expenses of approximately $33,397 (property tax, insurance, hydro, gas) Produce a net operating income of $158,633. Listed at a 6.35% Cap rate at an asking price of $2,500,000. All commercial leases include HST. Residential tenants are month to month or long term. Strong diverse tenant mix with minimal vacancy. Stable cash flow in place from day one.
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Property details
Interior
- Interior
- 3500-5000 sqft
- Rooms
- 18 rooms · 8 kitchens
- Bathrooms
- 8 × 4-piece on Main
- Basement
- None
- Heating
- Radiant
- Cooling
- Window Unit(s)
Building & lot
- Type
- Multiplex, 2-Storey
- Lot size
- 37.79 × 144.34 ft
- Exterior
- Aluminum Siding, Brick
- Foundation
- Other
- Roof
- Other
- Water & sewer
- Sewer
Parking
- Garage
- 2 car Attached
- Driveway
- Available (2 spaces)
- Parking
- 4 spaces
Fees & taxes
- Property tax
- $18,227/yr (2026)
Location & neighbourhood
DirectionsLondon East, ON
Expansive east London district with parks and a wide range of affordable to mid-range housing.
Monthly paymentest. $13,439/mo all in
Monthly payment estimate
Land transfer tax$46,475 on closing
Ontario LTT
$46,475
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Listed May 4, 2026
Sold comparables nearby
Sold$885,000
720 Dundas Street, London East
Sold$685,000
1267 Dundas Street, London East
See what these 2 homes sold for
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Affordabilityneeds $572,000 household income
Minimum household income required
$572,000
Based on 20% down, a 7.07% qualifying rate (the 5.07% contract rate plus two points), 25 year amortization and a 32% GDS ratio. Rounded to the nearest thousand.
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Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
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