15 days on Market

1843 Dundas St, London East, Ontario N5W 3E6

Townhouse
4
3
~1500-2000 sqft
$•••,•••
$724,999
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Townhouse
4
3
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$423/sqft

Est. Mortgage$3,114/mo

Tax Amount (2024)$3,571/yr

Days On Market15 days


Description

Versatile Mixed-Use Property 1843 Dundas Street, London, ON Zoned Residential & Commercial | Legal Duplex | $50K+ 2024 Income | Estate Sale Probate Completed Offered for the first time in over 50 years, 1843 Dundas Street is a rare and strategic opportunity for investors, business owners, or live/work buyers. Owned since 1972, this well-maintained property is now available as part of an estate sale, with probate fully completed, making for a smooth and ready transaction. Zoning Permits Multiple Uses: Automobile Repair Garages Automotive Retail & Services Restaurants or Food Services Taxi Establishments Property Highlights: Legal Duplex featuring three kitchens and three hydro meters New Roof (2025) Recently installed for long-term durability $35,000 Boiler System High-efficiency and recently upgraded Second-Floor Staircase Updated to Code (2021) Safe and compliant 2024 Income Over $50,000 Steady cash flow with further potential Long-Term, Friendly Tenants A respectful, cooperative tenant mix that helps care for the property and looks out for each other Ample Parking & Exposure Generous lot with excellent visibility on Dundas Street near Clarke Road Investment Potential: With a projected cap rate of 7% when fully maximized, this property combines strong financials with unmatched flexibility. Ideal for commercial use, residential rentals, or a hybrid live/work model. Opportunities like this held for decades and zoned for multiple high-demand uses are incredibly rare. Now is your chance to own a property with history, income, and future upside.


Property Details

Style2-Storey
ViewCity
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size10,449 SqFt(148.69 x 70.28)
Parking Spaces8
MLS ®NumberX12096140
Community NameArgyle
Data SourceTRREB
Listing bySTREETCITY REALTY INC.

Features

Heating: Radiant
Cooling: Window Unit
Fireplace
Basement: Apartment, Fin W/O

Upper Floor

Bathroom

1.96 x 1.5

3 Pc Bath

Br

3.71 x 3.52

Dining

2.01 x 1.77

Kitchen

2.17 x 5.03


Features

Lot size: 10,449 SqFt

Parking

Garage spaces 1

Garage type Attached

Other parking spaces 7

Total parking spaces 8


Property History

Apr 22, 2025
Listed for
$724,999
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Price change
$•••,•••
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Listed
$•••,•••
15 days on market
history photo preview50
Listing by trreb®
Property listed by STREETCITY REALTY INC., Brokerage
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Market Data - Argyle

Geo Zone Map ThumbnailArgyle

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

72 days

Compared to

2024

23 days

2023

16 days

2022

9 days

New Listings

Past 30 days

2 listings

Compared to

2024

9 listings

2023

3 listings

2022

19 listings

Units sold

Past 30 days

1 unit

Compared to

2024

8 units

2023

3 units

2022

16 units

Median Sold Price

Past 30 days

$368,000

Compared to

2024

$415,000

2023

$445,000

2022

$453,500


Population and Demographics

Overview

Total population 24680
Average household income $92,644

Age (%)

20 to 34
24%
0 to 19
22%
50 to 64
21%
35 to 49
18%
65 and plus
15%

Household composition (%)

Single family
62%
Single person
29%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
87%
Others
6%
Portuguese
2%
Spanish
2%
French
1%

House tenancy (%)

Owners
64%
Renters
36%

Schools and amenities

Estimated Budget