NewFor Sale

697 Hale Street
London East, Middlesex, ON, N5W 1J1

Investment
TRREB
MLS® Number: X13676564

RIGHT AT HOME REALTY

Listing brokerage
$1,499,900List Price
InvestmentProperty Type
6,171 sq ftSize
$5,472 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 697 Hale Street, London East, ON N5W 1J1

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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!

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$5,472 / 2025
Listing #:X13676564
Property Type:Investment
Size:6,171 sq ft
Land Size:75.43 x 116.94
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RIGHT AT HOME REALTY

Details

Property

Property Type:Investment
Community:East N
Municipality:Middlesex

Building

Size:6,171 sq ft

Inside

Bedrooms:0
Bathrooms:0
Kitchens:0
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Baseboard
Utility Sewer:Sanitary

Land

Cross Street:Dundas St / Hale St

$1,499,900

List price

697 Hale Street, London East – Investment for sale · MLS® # X13676564 | CPRB