697 HALE STREET
London East (East N), Ontario N5W1J1
- 6171 sqft
- Multi-family
Listed by RIGHT AT HOME REALTY
37 photos
Description
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! (id:37124)
Property details
| Price | $1,499,900 |
|---|---|
| Status | Active |
| Transaction | For sale |
| Property type | Multi-family |
| Building type | Multi-Family |
| Living area | 6171 square feet |
| Lot size | 0.11 acres |
| Frontage | 75.5 |
| Zoning | ASA4/ASA5 |
| Heating | Baseboard heaters |
| Cooling | None |
| Water | Municipal water |
| Sewer | Sanitary sewer |
| Annual taxes | $5,472 (2026) |
| Listed on | Aug 14, 2026 |
| MLS® number | X13676564 |
Location
All listing details (37)
| Business Type | Residential |
|---|---|
| City | London East (East N) |
| City Region | East N |
| Cooling | None |
| Country | Canada |
| Directions | Cross Streets: Dundas St / Hale St. ** Directions: Head East on Dundas St, turn East on Hale Street. |
| Fireplace YN | No |
| Frontage Length Numeric | 75.5 |
| Frontage Length Numeric Units | feet |
| Geocode Manual YN | No |
| Heating | Baseboard heaters |
| Internet Address Display YN | Yes |
| Internet Entire Listing Display YN | Yes |
| List AOR | London and St. Thomas |
| List Price | 1499900 |
| Living Area | 6171 |
| Living Area Units | square feet |
| Lot Features | Irregular lot size |
| Lot Size Area | 0.11 |
| Lot Size Dimensions | 0.11 |
| Lot Size Units | acres |
| Original Entry Timestamp | 2026-08-14T17:20:52.9Z |
| Photos Count | 37 |
| Postal Code | N5W1J1 |
| Property Attached YN | Yes |
| Property Sub Type | Multi-family |
| Sewer | Sanitary sewer |
| Standard Status | Active |
| State Or Province | Ontario |
| Street Name | Hale |
| Street Number | 697 |
| Street Suffix | Street |
| Structure Type | Multi-Family |
| Tax Annual Amount | 5472 |
| Tax Year | 2026 |
| Water Source | Municipal water |
| Zoning Description | ASA4/ASA5 |
Listing courtesy of
Listing brokerage
RIGHT AT HOME REALTY
355 PRINCESS AVENUE UNIT R, LONDON, Ontario
Listing agent
JOHNNY RASHMAWI
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