187 DUNDAS Street
East K, London East, N6A 1G4
$499,900
Listed 221 days ago · MLS® X12881824
About this home
Mixed-use investment property generating over $63,000 in annual gross income, located on Dundas Place in downtown London. This approximately 2,700 sq ft building features a fully leased main floor commercial space and a fully occupied four-bedroom rooming house with shared common areas above.The commercial space has been recently renovated with updated flooring and washroom facilities. The residential portion offers multiple bedrooms, two full bathrooms, and spacious common areas.Situated on the vibrant Dundas Flex Street with strong visibility and steady tenant demand, this property offers stable income and attractive cap rate potential. Ideal opportunity for investors seeking an affordable downtown mixed-use investment property.
Details
- Type
- Store W Apt/Office
- Age
- 100+ years
- Lot
- 14.3 × ? ft
- Garage
- None
- Kitchens
- 0
- Property tax
- $9,345 (2025)
- Neighbourhood
- East K
- Municipality
- London East
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Age
- 100+
- Building area
- 2,700 Square Feet
More
- Possession
- FLEX
- Cross street
- RICHMOND STREET & DUNDAS STREET
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Very walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 4 grocery stores, 88 cafés and restaurants, 20 parks, 1 pharmacy. Nearest grocery: Sacred Earth Vegan Market (200 m). Nearest park: Market Lane (150 m).
Schools nearby
Elementary
- Lord Roberts Public School17 min walk
- Jeanne-Sauvé Public School
EQAO: Gr 6 reading 97%, math 58%1.4 km - Aberdeen Public School
EQAO: Gr 6 reading 65%, math 33%1.5 km - Victoria Public School
EQAO: Gr 6 reading 42%, math 5%1.5 km
Secondary
- London Central Secondary School
EQAO: Gr 9 math 81%, literacy test 91%10 min walk - Catholic Central High School Catholic
EQAO: Gr 9 math 57%, literacy test 89%14 min walk - H.B. Beal Secondary School
EQAO: Gr 9 math 56%, literacy test 79%18 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N6A
- Owners / renters
- 29% / 71%
- Median household income
- $61,200
- Average age
- 41
- Children under 15
- 7%
- Homes
- 19% detached, 55% high-rise
- Commute by transit
- 12%
- Population
- 13,810
Languages spoken most at home besides English: Spanish 1.1%, Mandarin 1%, Portuguese 0.8%, Arabic 0.6%.
Safety
Crime Severity Index for London police: 73 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Crime Severity Index: Statistics Canada.
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by THRIVE REALTY GROUP INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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