532-538 DUNDAS STREET
London and St. Thomas · N6B1W6
$1,799,900
About this residence
13 unit investment property across three buildings including a duplex, four unit building, and three storey seven unit building. Strong unit mix with 12 residential units and 1 commercial unit previously leased residentially. On site parking available with coin operated laundry in the fourplex and shared laundry in the duplex. Prime Dundas Street location near transit routes and major employers. Currently 11 of 13 units occupied at market rents. All units have been recently updated and the buildings have been well maintained. Projected gross income at full occupancy of $198,067.20 with projected NOI exceeding $125k. Professional property management currently in place and willing to remain, offering a largely hands off investment opportunity. (id:61366)
Property details
- Property type
- Multi-family
- Style
- Multi-Family
- Living area
- 6,729 sq ft
- Lot size
- 102 x 102 FT
- Frontage
- 102 feet
- Annual tax
- $13,541
- MLS®
- X12894438
- Board
- London and St. Thomas
- Status
- Inactive
- Listed
- Mar 18, 2026
- Updated
- May 24, 2026
Features & finishes
Heating
- Forced air
- Baseboard heaters
- Radiant heat
- Natural gas
Financing
Estimated monthly payment
$8,418/mo
Loan amount
$1,439,920
Down payment
$359,980
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · N6B- 11,101
- Population
- 38
- Median age
- $49,200
- Median income
- $360,000
- Median home value
- 23%
- Home ownership
- 23 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 532-538 DUNDAS STREET?
532-538 DUNDAS STREET is listed for $1,799,900, in London and St. Thomas.
What type of home is 532-538 DUNDAS STREET?
532-538 DUNDAS STREET is a Multi-family, Multi-Family.
How large is 532-538 DUNDAS STREET?
The home offers approximately 6,729 sq ft of living space on a lot measuring 102 x 102 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $8,418. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $13,541 per year.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 11,101, a median age of 38, a 23% home-ownership rate, with an average commute of about 23 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $360,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $49,200.
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