697 Hale Street, London East, ON

$1,499,900

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0.11

Acres

About 697 Hale Street

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 of 697 Hale Street

MLS® # X13676564
Price $1,499,900
Bathrooms 0.00
Acres 0.11
Type Commercial
Sub-Type Investment
Status Active

Community Information

Address 697 Hale Street
Area Middlesex
Subdivision East N
City London East
Province ON
Postal Code N5W 1J1

Amenities

Garages None
Is Waterfront No

Interior

Heating Baseboard
Cooling No
Fireplace No

Listing Details

OfficeRIGHT AT HOME REALTY

Listing Map

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