697 Hale Street, London East, Ontario N5W 1J1

Listed for:
$1,499,900
0 beds
0 baths
Listed 2 days ago
Multi-Family for rent: 697 Hale Street, London East, Ontario N5W 1J1

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About

Cross Streets: Dundas St / Hale St. ** Directions: Head East on Dundas St, turn East on Hale Street. 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! (id:27476)

Property Highlights

MLS® Number
X13676564
Type
Multi-family
Community Name
East N
Land Size
0.11 ac

Building

Building Type
Multi-Family
Square Footage
6171 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Baseboard heaters
Heating Fuel
Building Cooling Type
None

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
RIGHT AT HOME REALTY
MLS® number:
X13676564
Agent:
Johnny Rashmawi
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