Description
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 & 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 variation **EXTRAS** Property to be sold in "as is" condition with no warranties or financials available as the Seller is elderly and in poor health. HST in addition to purchase price.
Overview
Property ID:
X11925466
Type:
Commercial Retail
Square:
4,500 m²
Price:
$959,000
PropertyType:
Commercial
TransactionType:
For Sale
BuildingAreaUnits:
Sq Ft Divisible
Cooling:
Partial
Heating:
Gas Forced Air Closed
ParkingFeatures:
None
YearBuilt:
31-50
TaxAnnualAmount:
7033.06
PossessionDetails:
immediately
Map
-
AddressLondon East
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