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Active

$1,499,900

697 Hale St

London East, ON N5W 1J1

697 Hale St, London EastListed at $1,499,900 Investment. MLS® X13676564.

Possession · seller's timeline

Flexible

5,765Sq Ft
Apts - 6 To 12 Units
Investment
$5,472Taxes/yr · 2025

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!

Property Details

Property TypeInvestment
CommunityEast N
Lot Size0.11 acres (4,792 sq ft)
Lot Dimensions75.43 × 116.94 ft
Lot Size Area0.11 sqft (GeoWarehouse)
Dir/Cross StDundas St / Hale St
Garage TypeNone
Heating TypeBaseboard
A/CNo
SewersSanitary
Taxes (2025)$5,472
HSTIn Addition To
SecurityNo
Listed Date8/14/2026
Days on Market38 days
PossessionFlexible

Business Details

Property Sub-TypeInvestment
Business TypeApts - 6 To 12 Units
Property UseApartment
Occupant TypeVacant
FranchiseNo
Chattels IncludedNo
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area5,765 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: RIGHT AT HOME REALTY

MLS® #X13676564

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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