Homes for Sale in London, Ontario
532-538 Dundas Street
London East, N6B 1W6·MLS® X13547318·
Listing courtesy of Thrive Realty Group INC.·Updated 2 hours ago
Listing price
$1,699,000
Est. $8,092/mo
Days on market
Listed Jul 10, 2026
Description
13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $210k with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity.
Property details
Basement
Apartment
Parking
4 spaces
Type
Multiplex — Other
Heating
Baseboard
AI property estimate
73% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly payment estimate
Land transfer tax
Ontario LTT
$30,455
First-time rebate
−$4,000
First-time buyer rebate of up to $4,000 may apply. Consult a lawyer for eligibility.
Price & listing history
Market conditions · East F
Avg. sold price
$682,400
+5.2%
Avg. days on market
18
−3d
Sale-to-list ratio
101.2%
+0.8%
Investment analysis
Est. monthly rent
$6,796
Rental yield
4.8%
Est. cash flow
-$3,740
Cap rate
3.2%
Best time to sell
Affordability
Minimum household income required
$395,118
Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.
Similar Listings
AI estimate
$1,800,192
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