$599,000
$51,000221-223 Dundas Street, London East, ON N6A 1H1
East K, London East,
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TRREB.
Well located Downton street front property on the south side of Dundas Street between Clarence & Wellington. Property fronts onto Dundas Place, home to concerts, pop-up markets, cultural events, food & art festivals. Building has 1,850 SF retail/restaurant on the main floor and 1,008 SF on 2nd floor consisting of 2 units: a bachelor apartment and 450 SF open area/office. Main floor is leased to a Vietnamese take-out restaurant @ $2,495 per month plus HST + 70% of hydro/water and 50% of heat from may 1, 2023 until April 20, 2028 with 1 x 5 year renewal. Located next door to CHE Restaurant and 3 doors from Grace Restaurant. Apartment occupied at $1,000 per month gross. Open area/ office vacant and could be leased as a 2nd bachelor apartment if kitchen facility added.
- HoldoverDays: 120
- Property Type: Commercial
- Property Sub Type: Store W Apt/Office
- Tax Year: 2024
- WashroomsType1: 3
- Cooling: Partial
- HeatType: Gas Forced Air Closed
- Sewer: Sanitary+Storm
- Building Area Total: 2858
- Building Area Units: Square Feet
- LotSizeUnits: Feet
- LotDepth: 100.25
- LotWidth: 18.5
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