Tej Thakor Broker of Record / Owner 647-684-1731
For Sale
MLS®# X13676564

697 Hale Street, London East, ON N5W 1J1

London East, ON N5W 1J1

$1,499,900 Est. $6,371/mo · 20% down, 25-yr, 4.09%
75 × 117 ftLot
InvestmentType

About this property

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!

Property Summary

Property TypeInvestment
Community NameEast N
Land Size75.43 x 116.94 ft
Annual Property Taxes$5,472.00
Tax Year2025
Parking TypeNone Garage

Building details

Bathrooms / washrooms0
Property typeInvestment

Lot & land

Lot dimensions75 × 117 ft
Lot frontage75 ft
Lot depth117 ft

Building Features

StyleInvestment
Fire ProtectionNo

Rental Equipment

Rental equipment4 hot water tanks

Heating & Cooling

CoolingNo
Heating TypeBaseboard

Utilities

Utility SewerSanitary

Parking

Parking TypeNone Garage

Taxes & fees

Annual taxes$5,472 (2025)

Listing history

On market sinceAug 14, 2026

Location

London East, ON N5W 1J1
Listed by RIGHT AT HOME REALTY, Brokerage · Listing data sourced from TRREB®, refreshed nightly.
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The trademarks REALTOR®, REALTORS®, MLS®, Multiple Listing Service® and the associated logos are owned or controlled by The Canadian Real Estate Association (CREA). Used under licence. Information deemed reliable but not guaranteed. Tej Thakor is a Broker of Record at Royal LePage Terra Realty.
Call Tej Now 647-684-1731
697 Hale Street, London East, ON N5W 1J1