697 Hale Street
East N, London East, N5W 1J1
$1,499,900
Listed 67 days ago · MLS® X13676564
About this home
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!
Details
- Type
- Investment
- Lot
- 75.43 × 116.94 ft
- Garage
- None
- Property tax
- $5,472 (2025)
- Neighbourhood
- East N
- Municipality
- London East
Heating, cooling and services
- Heating
- Baseboard
- Water and sewer
- Sanitary
- Utilities
- Yes
Building and exterior
- Building area
- 6,171 Square Feet
More
- Possession
- Flexible
- Cross street
- Dundas St / Hale St
- Business type
- Apts - 6 To 12 Units
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: no grocery stores, 5 cafés and restaurants, 2 parks, 2 pharmacies. Nearest park: Kiwanis Park - North (450 m).
Schools nearby
Elementary
- Académie de la Tamise French
EQAO: Gr 6 reading 96%, math 86%8 min walk - Prince Charles Public School
EQAO: Gr 6 reading 39%, math 9%16 min walk - St. Pius X Catholic School Catholic
EQAO: Gr 6 reading 71%, math 25%18 min walk - Forest City Public School
EQAO: Gr 6 reading 59%, math 19%1.5 km
Secondary
- John Paul II Catholic Secondary School Catholic
EQAO: Gr 9 math 44%, literacy test 71%1.5 km
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 N5W
- Owners / renters
- 59% / 41%
- Median household income
- $64,500
- Average age
- 42
- Children under 15
- 13%
- Homes
- 56% detached, 9% high-rise
- Commute by transit
- 8%
- Population
- 24,740
Languages spoken most at home besides English: Spanish 1.3%, Portuguese 1%, Punjabi (Panjabi) 0.5%, Polish 0.5%.
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
To downtown London: 4 km. Transit times · Driving times
Noise 1 source nearby
- 🚆 Rail line (CN Guelph Subdivision)0 m
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 RIGHT AT HOME REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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