$ 1,699,000

532-538 Dundas Street, London East

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. (id:1945)
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Property details for 532-538 Dundas Street, London East

Type
Multi-family
Lot Size
102 x 102 FT
Basement
Apartment in basement, N/A
Parking
No Garage
Heating
Baseboard heaters, Radiant heat, Forced air, Electric, Natural gas, Other
Cooling
None
Annual Taxes
$13,541

Nearby Listings Stat

Estimated price and comparable properties near 532-538 Dundas Street

Active Listings
277
Min Price
$1
Max Price
$8,250,000
Avg Price
$656,016
Days on Market
72
days
Sold Listings
104
Min Sold Price
$45,000
Max Sold Price
$3,800,000
Avg Sold Price
$560,418
Days until Sold
72
days

Neighbourhood Census Data

London, Ontario

Population
630
Median Age
45.6
Median Income
$19,285

Housing Tenure

Renters 91%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.4
Pop. Density: 3,423.9/km²
Avg Shelter Cost: $1,454/mo
Owners with Mortgage: 83.3%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 54.2%
English only: 92.4%
English and French: 8.6%
Median Household Income: $22,848
Median Employment Income: $22,464

Price History

Listed
July 10, 2026
by THRIVE REALTY GROUP INC.
Current Price
$1,699,000
-5.6% from last change
Type
Multi-family
For Sale
Price Changes
2
Date Price Change
Current $1,699,000 $100,900 (-5.6%)
Jul 10, 2026 $1,799,900 $100,000 (-5.3%)
May 5, 2026 $1,899,900 Listed

Contact Agent Get in touch about 532-538 Dundas Street, London East

BRADLEY GLEED
BRADLEY GLEED
THRIVE REALTY GROUP INC.