$2,999,000
Available - For Sale
Listing ID: X12132867
1600 Dundas Stre , London East, N5W 3C2, Middlesex


Triple Net Lease in place until December 2029 with 2 x 5yr tenant options. Tenant is responsible for all maintenance and repairs, including capital & structural repairs upgrades. The building is 6,171 sqft, with 50 parking stalls on .7 of an acre with a full loading dock. This is a care free lease and as hands off as it gets for a for the landlord. Convenient location in the Argyle neighborhood taking up a large stretch of 247' frontage from side street to side street. Located on on busy Dundas St. just 2km away from Fanshaw College. New roof installed in 2024, Stucco exterior completed in 2020. Being offered at 5.25% cap.
Price $2,999,000
Taxes: $18034.00
Tax Type: Annual
Assessment Year: 2024
Occupancy: Tenant
Address: 1600 Dundas Stre , London East, N5W 3C2, Middlesex
Postal Code: N5W 3C2
Province/State: Middlesex
Directions/Cross Streets: Dundas & Second St.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Retail
Use: Retail Store Related
Building Percentage: T
Total Area: 30698.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $149,950 $299,900 $449,850 $599,800
First Mortgage $2,849,050 $2,699,100 $2,549,150 $2,399,200
CMHC/GE $113,962 $83,672.1 $71,376.2 $0
Total Financing $2,963,012 $2,782,772.1 $2,620,526.2 $2,399,200
Monthly P&I $14,621.93 $13,732.48 $12,931.82 $11,839.62
Expenses $0 $0 $0 $0
Total Payment $14,621.93 $13,732.48 $12,931.82 $11,839.62
Income Required $548,322.32 $514,967.89 $484,943.36 $443,985.68

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$7,399.76
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX GARDEN CITY REALTY INC, BROKERAGE
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At a Glance:
Type: Com - Commercial Retail
Area: Middlesex
Municipality: London East
Neighbourhood: East H
Style:
Lot Size: x 123.73(Feet)
Approximate Age: 51-99
Tax: $18,034
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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