For sale 50$1,499,900
697 Hale Street
East N, London East, Ontario N5W1J1
For sale· Added
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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