For Sale: 697 Hale Street, London, ON - REW
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$1,499,900
0 bd • ba • 6171 sf • Multifamily
697 Hale Street
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$1,499,900
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697 Hale StreetLondon, ON, N5W 1J1

East London
  • 0 Bed
  • Bath
  • 6171 Sqft
  • Multifamily

About this home

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:63626)
Listed by: JOHNNY RASHMAWI, Salesperson, RIGHT AT HOME REALTY

Home facts and features

Price details
List Price
$1,499,900
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Gross Taxes for 2026
$5,472
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
75 ft x 0 ft (4791 ft²)
Depth
Frontage
75.5 feet
Heating Type
Baseboard heaters
Features
Irregular lot size
Community
Agent details
Primary Agent
JOHNNY RASHMAWI
Primary Broker
RIGHT AT HOME REALTY
Listing details
Days on REW
1 Day
MLS® Number
X13676564
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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25 Years
Interest Rate
3.99%

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Property Insights

Académie de la Tamise
  • Public
  • JK - 6
Prince Charles Public School
  • Public
  • JK - 8
St Pius X School
  • Catholic
  • JK - 8
Franklin D Roosevelt Public School
  • Public
  • JK - 8
John Paul II Catholic Secondary School
  • Catholic
  • 9 - 12
Princess Anne French Immersion Public School
  • Public
  • K - 8
Blessed Sacrament School
  • Catholic
  • JK - 8
Holy Cross School
  • Catholic
  • JK - 8
East Carling Public School
  • Public
  • JK - 8
Sir John A Macdonald Public School
  • Public
  • JK - 8
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Call Agent
Salesperson
JOHNNY RASHMAWI
Phone:
(519) 649-6900
Cell:
519-520-3096
Office:
519-649-6900
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