FOR SALE
$1,599,900
566 Southdale, London South, ON, N6E 1A6
1
17048
About the Property
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.
About the Property
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.
Property Details
MLS#:
X13676564
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Baseboard
Bathrooms:
Heating Type:
Baseboard
Parking:
Cross Street:
Dundas St / Hale St
Basement:
Maintenance:
Similar Properties
Property Details
MLS#:
X13676564
Status:
For Sale
Property Type:
Investment
Central A/C:
No
Bedrooms:
Heating Fuel:
Baseboard
Bathrooms:
Heating Type:
Baseboard
Parking:
Cross Street:
Dundas St / Hale St
Basement:
Maintenance:
Exterior:
Possession Date:
Exterior:
Possession Date: