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697 Hale Street London East (East N), ON

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X13676564
Address 697 HALE STREET
City London East (East N), ON
Price $1,499,900
Land Size 0.11
Type Multi-Family
Status For sale

EXTENDED FEATURES

Equipment Water HeaterFeatures Irregular lot sizeRental Equipment Water HeaterCooling NoneHeating Baseboard heatersUtility Water Municipal water Date Listed 2026-08-14 18:01:48Days on Market 11
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
Right At Home Realty, Johnny Rashmawi
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