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532-538 Dundas Street

London East, N6B 1W6·MLS® X13547318

Listing courtesy of Thrive Realty Group INC.·Updated Jul 10

Listing price

$1,699,000

Est. $8,092/mo

Days on market

46

Listed Jul 10, 2026

For sale
1 / 18
0bd·0ba·5000 +sqft

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.

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Property details

Type
Multiplex — Other
Lot size
102 × 102 ft
Interior
5000 + sqft
Basement
Apartment
Heating
Baseboard
Cooling
None
Exterior
Other
Foundation
Other
Roof
Other
Water & sewer
Sewer
Parking
4 spaces
Property tax
$13,541/yr (2025)

AI property estimate

$1,140,540~32.9% below asking

Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.

$1,026,486$1,254,594

69% confidence · 40 sold homes within 2 km, by price per sq ft

Location & neighbourhood

Old East Village

London East, ON

Vibrant arts district with walkable streets and character homes.

Monthly paymentMortgage, tax and fees

Monthly payment estimate

Mortgage (5.24%, 25yr)$8,092
Property tax$1,841
Insurance (est.)$354
Utilities (est.)$250
Total monthly$10,536
Land transfer taxOne-time, on closing

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

Listed 4 times · asking price down 6% from the first ask

$1,699,000

Listed Jul 10, 2026

On the market
$1,699,000 6%

Listed Jul 10, 2026

On the market
$1,799,900

Listed Mar 18, 2026 · 112 days on market

Taken off the market

Jul 8, 2026

$1,799,900

Listed Mar 18, 2026 · 113 days on market

Taken off the market

Jul 9, 2026

225 days on the market in total across 4 listings. Each listing carries its own MLS® number, so the days-on-market shown on any single one resets.

AffordabilityWhat income this home needs

Minimum household income required

$395,118

Based on 20% down, 5.24% stress test rate, 25yr amortization, 32% GDS ratio.

Not sure about financing? Ask Colin

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AI estimate

$1,140,540

Below Market
CA

Your advisor

Oak and Key Real Estate Brokerage Inc.

Colin Abbot

Broker

519-859-4579 · colin@searchlondonhomes.com

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