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119 Dundas Street, London East, ON N6A 1E8

London East, ON

$1,299,999
MLS® #: X13645858
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Description

Position your business or investment portfolio in one of Downtown London's most sought-after locations. Prominently situated along the vibrant Dundas Place Flex Street and directly overlooking the prestigious Covent Garden Market Square, this unique mixed-use property offers outstanding visibility, flexibility, and long-term upside.The property features two commercial units at street level. The front retail space is occupied by a long-standing tenant on a month-to-month basis, providing immediate income with future flexibility. The rear commercial unit will be delivered vacant on closing, presenting an exceptional opportunity for an owner-occupier or the ability to lease at current market rents. With direct access and exposure to Covent Garden Market Square, this space benefits from excellent pedestrian traffic in one of the city's premier downtown destinations.The upper level currently consists of residential apartments that are ready for renovation and reconfiguration, allowing the next owner to unlock significant value. Whether you choose to modernize and maximize the residential component or explore conversion to additional commercial space, the property offers exceptional redevelopment potential, subject to municipal approvals. Located just steps from Canada Life Place, Covent Garden Market, Market Square, major office towers, restaurants, cafés, entertainment, and numerous new residential developments, this is a rare opportunity to acquire a highly adaptable asset in London's rapidly evolving downtown core. Whether you're an investor seeking value-add potential, a business owner looking to establish a flagship downtown presence, or a developer searching for a property with multiple future possibilities, this offering presents an exceptional opportunity. The possibilities are truly endless.

Quick Details

BedsN/A
Baths4
TypeCommercial
Sq Ft0
Taxes$12,502
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Comprehensive Property Details

Assessment Year 2025
Basement Y N Yes
Building Area Total 3814
Building Area Units Square Feet
City Region East K
Co List Office Name THRIVE REALTY GROUP INC.
Contract Status Available
Country CA
County Or Parish Middlesex
Cross Street Talbot Street and Dundas Street / Covent Market Place
D D F Y N Yes
Directions Entrance on Dundas Street and Covent Market place.
Expiration Date 2027-08-31
Freestanding Y N Yes
Garage Type None
Heat Type Baseboard
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
List A O R London and St. Thomas Association of REALTORS
List Office Name THRIVE REALTY GROUP INC.
List Price Unit For Sale
Lot Depth 142.98
Lot Shape Rectangular
Lot Size Area 0.06
Lot Size Area Units Acres
Lot Size Source MPAC
Lot Size Units Feet
Lot Type Lot
Lot Width 18.5
Mls Status New
Occupant Type Owner+Tenant
Office Apartment Area 1802
Office Apartment Area Unit Sq Ft
Parcel Number 083210009
Possession Details Flex
Possession Type Flexible
Postal Code N6A 1E8
Property Sub Type Store W Apt/Office
Property Use Store With Apt/Office
Retail Area 2012
Retail Area Code Sq Ft
Roll Number 393606003000600
Sign On Property Y N No
Standard Status Active
State Or Province ON
Street Name Dundas
Street Number 119
Street Suffix Street
Tax Legal Description PT LT 14 , S/W DUNDAS STREET , AS IN LC133617; T/W AS IN LC133617(W19444); LONDON(T/W AMENDED M.SMITH 2008/06/13)
Tax Type Annual
Tax Year 2026
Transaction Type For Sale
Vendor Property Info Statement No
Washrooms Type1 4
Waterfront Y N No