187 Dundas Street, London East
Mixed-use investment property generating over $63,000 in annual gross income, located on Dundas Place in downtown London. This approximately 2,700 sq ft building features a fully leased main floor commercial space and a fully occupied four-bedroom rooming house with shared common areas above.The commercial space has been recently renovated with updated flooring and washroom facilities. The residential portion offers multiple bedrooms, two full bathrooms, and spacious common areas.Situated on the vibrant Dundas Flex Street with strong visibility and steady tenant demand, this property offers stable income and attractive cap rate potential. Ideal opportunity for investors seeking an affordable downtown mixed-use investment property. (id:1945)
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Property details for 187 Dundas Street, London East
- Type
- Commercial
- Living Area
- 2,700 square feet
- Lot Size
- 14.3 FT ; 14.35 ft x 99.09 ft x 13.86 ft x 99.10 f
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Annual Taxes
- $9,345
Nearby Listings Stat
Estimated price and comparable properties near 187 Dundas Street
Active Listings
224
Min Price
$1
Max Price
$8,250,000
Avg Price
$708,137
Days on Market
75
days
Sold Listings
85
Min Sold Price
$45,000
Max Sold Price
$3,800,000
Avg Sold Price
$598,053
Days until Sold
73
days
Neighbourhood Census Data
London, Ontario
Population
765
Median Age
31.7
Median Income
$31,168
Dwelling Value
$239,784
Housing Tenure
Owners 11%
Renters 90%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.4
Pop. Density: 2,588.0/km²
Avg Shelter Cost: $964/mo
Owners with Mortgage: 0%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 48.9%
English only: 92.2%
English and French: 7.8%
Median Household Income: $39,296
Median Employment Income: $29,146
Price History
Listed
March 13, 2026
by THRIVE REALTY GROUP INC.
Current Price
$499,900
Type
Commercial
For Sale
