1062 - 1066 Dundas Street E

About this home

Prime high-visibility corner investment property located at 1066 Dundas St, consisting of three connected buildings with multiple income streams. The property currently generates approximately $106,600 in annual income.1062 Dundas St operates as a well-established owner-run laundromat generating approximately $50,000/year, with the business included in the sale.1064 Dundas St is leased to a barber shop at $10,200/year plus utilities.1066 Dundas St features a main floor retail unit rented for $1,700/month, a two-bedroom apartment rented for $1,250/month, and a rear one-bedroom unit currently owner-occupied with rental potential of approximately $1,000/month. The partially finished basement is currently used as a workshop. Strategically located next to The Factory entertainment complex and the Hard Rock Hotel development, this area is experiencing significant revitalization and growth, bringing increased foot traffic, tourism, and business activity. The property benefits from excellent exposure, strong street presence, and proximity to downtown London amenities. DC zoning allows for a wide range of commercial and residential uses, offering excellent future redevelopment or value-add potential. EXTRAS: Property sold "as is, where is" with no warranties or representations. No financial statements available due to Seller's age. HST is in addition to the purchase price.

Details

Type

Commercial Retail

Age

31-50 years

Lot

50.03 × 108.2 ft

Garage

None

Property tax

$7,423 (2025)

Neighbourhood

East G

Municipality

London East

Heating, cooling and services

Heating

Gas Forced Air Closed

Air conditioning

Partial

Utilities

Available

Building and exterior

Age

31-50 years

Building area

5,400 Square Feet

More

Possession

Immediate

Cross street

Dundas St & Kellogg Ln

Business type

Retail Store Related