$ 1,499,900
697 Hale Street
697 Hale Street, London East, ON N5W1J1 Photo 1
37 Photos
697 Hale Street, London East, ON N5W1J1 Photo 2
697 Hale Street, London East, ON N5W1J1 Photo 3
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697 Hale Street, London East

ATTENTION INVESTORS: Fully renovated turn-key 8-unit mixed use building plus unfurnished basement. Seven residential suites - 3 bachelor, 2 one-bedroom, 2 two-bedroom - over a ground floor commercial pizza store. Every residential unit has been completely renovated: new flooring, paint, doors, kitchens, bathrooms and appliances. In-suite laundry in units 4 & 5. Major works completed 2026: new steel roof, new steel vents, new exterior lighting throughout, new windows with protectors, new concrete sidewalk, and new vapor barrier through the basement wall. All seven residential units and one commercial unit are vacant with immediate possession - the buyer sets market rent from day one with no inherited tenant issues. Projected gross scheduled income of $132,960 annually based on current market rents. Unfinished basement includes multiple storage areas plus a bathroom rough-in - unpriced upside. Parking at the rear can fit 7 cars at a time. Corner exposure at Dundas & Hale St. Nothing left to do but lease it up! (id:1945)
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Property details for 697 Hale Street, London East

Type
Multi-family
Living Area
6,171 square feet
Lot Size
0.11
Heating
Baseboard heaters
Cooling
None
Annual Taxes
$5,472 (2026)

Nearby Listings Stat

Estimated price and comparable properties near 697 Hale Street

Active Listings
290
Min Price
$1
Max Price
$5,800,000
Avg Price
$538,804
Days on Market
57
days
Sold Listings
109
Min Sold Price
$89,990
Max Sold Price
$1,899,900
Avg Sold Price
$485,365
Days until Sold
64
days

Neighbourhood Census Data

London, Ontario

Population
662
Median Age
45.2
Median Income
$33,707
Dwelling Value
$174,782

Housing Tenure

Owners 77%
Renters 22%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2
Pop. Density: 2,915.0/km²
Avg Shelter Cost: $1,009/mo
Owners with Mortgage: 76%
Owners Spending 30%+: 14.3%
Tenants Spending 30%+: 60%
English only: 94.7%
English and French: 4.5%
Median Household Income: $58,752
Median Employment Income: $34,176

Price History

Listed
August 14, 2026
by RIGHT AT HOME REALTY
Current Price
$1,499,900
Type
Multi-family
For Sale
697 Hale Street

Contact Agent Get in touch about 697 Hale Street, London East

JOHNNY RASHMAWI
JOHNNY RASHMAWI
RIGHT AT HOME REALTY

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