$999,900
FOR SALE

Business for Sale

Lot: 50.06 x 108.27 ftTotal Area: 4,500 ft2
2023 Taxes: $6,605.65

1062- 1064-1066 Dundas St E
London, ON N5W 3A6 | East G | Middlesex

Excellent high visibility corner of Dundas and Dorinda. 3 buildings abutting. Presently laundromat (1062 Dundas) owner operated earns $50k-$60k annually business included. 1064 Dundas rented to a barber shop with annual income $10,200 plus utilities for decades. 1066 Dundas $700 SQFT vacant retail store with bathroom and two bedroom apartment with potential annual income $36,000 plus utilities. Also, there is a one bedroom apartment at rear part of property with a separate entrance which is occupied by the owner- it could be rented for another $1000 plus each month as a bonus. Basement are partially finished are currently used for the owner's workshop. Cash flow earns. The owner is selling for retirement. Property is sold "as is". Property in need of extensive renovations with great potential. The BDC Zone variation provides a WIDE mix of retail, restaurant, and neighbourhood facility, office, and residential uses which are appropriate in all Business District Commercial Zone variations. Potential future development as well.
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Listed By CENTURY 21 FIRST CANADIAN CORP., Brokerage
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8284876
Last Updated Apr 30, 2024
Property Summary
Property Type Business For Sale

More like this:
Franchise Non-Franchise
Business/Building Name Sun Laundromat
Category With Property
PIN 082880258
Legal Description PART LOT 10 NORTH OF DUNDAS STREET PLAN 316 (3RD) A
Occupancy Own+Ten
Possession Date Flexible
Taxes (2023) $6,605.65
Assessment (2016) $208,000
Directions/Cross Streets Dorinda Street
Neighbourhood East G
Area Middlesex
Price History

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Detailed Information
Lot 50.06 x 108.27 ft
Retail Area 3,500
Total Area 4,500 ft2
Approximate Age 51-99
Elevator None
Basement Y
Garage Type None
Parking Spaces 8
LLBO N
Financial Statement N
Outside Storage N
Area Influences Public Transit
Sewers Sewers
Water Municipal
UFFI No
Zoning BDC
Seller Property Info Statement Y

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