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
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.
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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
Automated estimate from recent comparable sales — not a formal appraisal, and not a statement that this listing is priced incorrectly.
69% confidence · 40 sold homes within 2 km, by price per sq ft
Location & neighbourhood
Monthly paymentMortgage, tax and fees
Monthly payment estimate
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
Listed Jul 10, 2026
Listed Jul 10, 2026
Listed Mar 18, 2026 · 112 days on market
Jul 8, 2026
Listed Mar 18, 2026 · 113 days on 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 →Similar Listings
AI estimate
$1,140,540
Your advisor
Oak and Key Real Estate Brokerage Inc.
Colin Abbot
Broker
519-859-4579 · colin@searchlondonhomes.com
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