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Active
697 Hale ST London East, ON N5W 1J1
6,171 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 6,171 sqft
Price per Sqft $243
Subdivision East N
MLS Listing ID X13676564
Annual Tax Amount $5,472
Tax Year 2025
Property Sub-Type Investment
Property Description
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!
Location
Province ON
County Middlesex
Area Middlesex
Interior
Cooling No
Exterior
Utilities Available Yes
Lot Frontage 75.43
Lot Depth 116.94
Others
Security Features No
ParcelsYN No
Listed by RIGHT AT HOME REALTY
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145 Wharncliffe Rd S, London, ON N6J 2K4, CAN
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