$499,900 - 1048 Dundas Street, London East
Multi-Family for Sale in London East
51 days on market- MLS Number
- X13057898
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 51
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- London East
- Listing Brokerage
- THE GUNN REAL ESTATE GROUP INC.
Immerse yourself in the soulful energy of Old East Village, where London's industrial heritage meets a thriving modern culture. Situated directly across from the historic Kellogg factory and the highly anticipated Hard Rock Hotel, this meticulously updated duplex places you at the epicenter of the city's most exciting transformation. The main floor offers an airy, open-concept sanctuary featuring soaring ceilings and thoughtful wheelchair accessibility. Ascend to the upper level to find a luminous two-bedroom suite, complete with a contemporary layout and a beautifully upgraded bathroom. Both residences boast private laundry, dedicated parking, and a level of finish that invites immediate occupancy.Engineered for the future, the property features a 50-year metal roof, high-efficiency mini-split heat pumps, and comprehensive updates to plumbing and electrical systems. Sustainability is prioritized with a 100-amp breaker and a dedicated EV charger for -a forward-thinking feature that positions this home perfectly for the eco-conscious professional or the high-end short-term rental market.Whether you envision a sophisticated owner-occupied residence with a mortgage helper or a high-performing guest suite near the Western Fair Farmers Market and race track, this property delivers. Experience the walkable lifestyle of OEV, where artisan markets and world-class entertainment are just steps from your front door. We invite you to discover the potential of this standout investment.
Estimate your monthly payments for this property
Estimated Payment
$2,564.75/mo
Includes CMHC insurance ($13,947)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover London East
London East is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in London East
- •Convenient location in London East
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
London East offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1048 Dundas Street, London East
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $454/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 51 days on site, this property has exceeded the typical selling timeline for London East. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.