ON > London East > East H
London East, ON N5W 3C1,1544 Dundas ST
London East, ON N5W 3C1,1544 Dundas ST
London East, ON N5W 3C1,1544 Dundas ST
London East, ON N5W 3C1,1544 Dundas ST
London East, ON N5W 3C1,1544 Dundas ST
London East, ON N5W 3C1,1544 Dundas ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 1,350,000
Est. payment | /mo

6 Baths

3,374 SqFt

Save Virtual Tour
$ 1,350,000
Est. payment | /mo
Save Virtual Tour

6 Baths

3,374 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,374 sqft

Price per Sqft $400

Subdivision East H

MLS Listing ID X12174881

Building Age 31-50

Annual Tax Amount $8,873

Tax Year 2025

Property Sub-Type Commercial Retail

Property Description

Rare opportunity to purchase a prime corner lot investment property in an extremely busy retail location at the intersection of Dundas and First. This freestanding building sits on a 5,651 sqft lot with over 25,000 vehicles per day exposure and 10 dedicated stalls. The main floor (1,639 sqft) is net leased to Pizza Salvatoré (a national chain with almost 100 locations) on a 10 year term (July 2024 - June 2034). The lower level (1,708 sqft) is vacant, offering a value add opportunity to generate an additional $24K in annual income through medical, wellness, retail, or service leasing. With a current cap rate just under 5%, this turnkey asset delivers stable cash flow and clear upside. Surrounded by national retailers: Shoppers Drug Mart, Rexall, Taco Bell, Tim Hortons, McDonalds, LCBO and anchored by a bus stop at the doorstep and Fanshawe College nearby, the site benefits from exceptional foot traffic and convenience. Minutes from West London Mall, grocery stores, fitness centres, and professional offices, this high visibility corner location ensures tenant diversification and resilience. Investors will appreciate the strong net lease covenant, value add basement lease up, and flexible acquisition.

Location

Province ON

County Middlesex

Community East H

Area Middlesex

Interior

Cooling Yes

Exterior

Community Features Major Highway, Recreation/Community Centre

Utilities Available Available

Lot Frontage 50.49

Lot Depth 114.97

Others

Security Features No

Virtual Tour https://tourwizard.net/8c48e575/nb/

Listed by EXP REALTY
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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1544 Dundas ST