Excellent high visibility corner of Dundas and Dorinda. 3 buildings abutting. Presently laundromat (1062 Dundas) owner operated earns $50k-$60k annually business included. 1064 Dundas rented to a barber shop with annual income $10,200 plus utilities for decades. 1066 Dundas $700 SQFT vacant retail store with bathroom & two bedroom apartment with potential annual income $36,000 plus utilities. Also, there is a one bedroom apartment at rear part of property with a separate entrance which is occupied by the owner- it could be rented for another $1000 plus each month as a bonus. Basement are partially finished are currently used for the owner's workshop. Cash flow earns. The owner is selling for retirement. Property is sold "as is". Property in need of extensive renovations with great potential. The BDC Zone variation provides a WIDE mix of retail, restaurant, and neighbourhood facility, office, and residential uses which are appropriate in all Business District Commercial Zone variation **EXTRAS** Property to be sold in "as is" condition with no warranties or financials available as the Seller is elderly and in poor health. HST in addition to purchase price.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Approx. Age:
31-50
Total Area:
4500 sq. ft. Sq Ft Divisible
Total Area:
4,500 sq. ft.418 m2
Retail Area:
2400 sq. ft. Sq Ft
Office/Apt Area:
1200 sq. ft. Sq Ft
Lot Depth:
108'3¼"33 m
Lot Frontage:
50'1"15.3 m
Water supply:
Municipal
Zoning:
BDC
Heating type:
Gas Forced Air Closed
Clear Height:
10'3.05 m
Survey Available:
No
Garage:
None
Parking Spaces:
7
Possession Details:
immediately
HST Applicable To Sale Price:
Yes
Assessment Year:
2024
Development Charges Paid:
Unknown
Type Taxes:
Annual
Taxes:
$7,033.06 /
2024
Assessment:
$- /
2024
Middlesex
London East
East G
Major Highway, Public Transit
Yes
Hot water tank
LAUNDRY BUSINESS INCLUDES 7 SINGLE WASHERS AND 6 DRYERS
All sewing machines, fridges in 1062&1064 Dundas basement are excluded.
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