697 Hale Street, London East (east N), Ontario

$1,499,900

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6,171

Square feet

0.11

Acres

About 697 Hale Street

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! (id:36535)

Features of 697 Hale Street

Listing # X13676564
Price $1,499,900
Bathrooms 0.00
Square Footage 6,171
Acres 0.11
Type Multi-family

Community Information

Address 697 Hale Street
Subdivision East N
City London East (east N)
Province Ontario
Postal Code N5W1J1

Amenities

Features Irregular lot size
Is Waterfront No
Has Pool No

Interior

Heating Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Listing Details

OfficeCourtesy Of RIGHT AT HOME REALTY

Listing Map