East London Hale Street District
697 Hale Street for sale
$1,499,900
1 / 12
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
Overview
- List price
- $1,499,900
- Status
- For sale
- Square footage
- 6171
- Property type
- Investment
- Style
- Apartment
- Days on market
- 1
- List date
- 2026-08-14
Interior
- Heating
- Baseboard
- Cooling
- No
Exterior & parking
- Garage type
- None
Lot & utilities
- Lot size
- 0.11
- Lot frontage
- 75.43
- Lot depth
- 116.94
- Sewer
- Sanitary
Location
- Neighbourhood
- East N
- City
- London East
- Province
- ON
- Postal code
- N5W 1J1
Listing information
- MLS® number
- X13676564
- Listing office
- RIGHT AT HOME REALTY
Map & location
697 Hale Street, London East, ON
Map location is approximate. Always verify boundaries and access independently.
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