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For Sale · London East

697 Hale Street

London, ON · MLS® X13676564

Listing courtesy of RIGHT AT HOME REALTY

$1,499,900

697 Hale Street — photo 1
Bedrooms
0
Bathrooms
0
Square Feet
—
Year Built
—
Lot Size
75.43 × 116.94 Feet
Property Type
Investment
Neighbourhood
London East
Status
For Sale

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!

Features

  • Garage: None
  • Cooling: No
  • Heating: Baseboard

Location

Approximate location, geocoded from the listing address.

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