Scout N Secure

$1,499,900

Map

697 Hale Street

East N, London East, Ontario N5W1J1

For sale· Added

6,171 sqft

About this home

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!

Location

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Property details

Listing

MLS® number
X13676564
Added
Aug 14, 2026 ()
Updated
Aug 14, 2026 ()
Info refreshed

Overview

Property type
Multi-family
Building type
Multi-Family

Inside

Heating
Baseboard heaters
Cooling
None
Fireplace
No
Features
Irregular lot size

Land

Frontage
75.5 ft
Lot area
0.11 acres
Zoning
ASA4/ASA5

Services

Water
Municipal water
Sewer
Sanitary sewer

Location

Cross streets
Dundas St / Hale St
Directions
Head East on Dundas St, turn East on Hale Street.

Running costs

Annual property tax (2026)
$5,472

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$1,499,900
697 Hale Street
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