697 Hale Street, London East, ON N5W 1J1
East N, London East · Near Dundas St / Hale St · View map
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!
The home
- Type
- Investment
- Square footage
- 6171 sq ft
- Lot size
- 75.4 x 116.9 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Baseboard
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $5,472/yr
- Tax year
- 2025
- Occupancy
- Vacant
- Possession
- Flexible
- Cross street
- Dundas St / Hale St
- Neighbourhood
- East N
More
- MLS® number
- X13676564
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
697 Hale Street, London East, ON N5W 1J1
East N, London East · Near Dundas St / Hale St
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Listing history for 697 Hale Street
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 697 Hale Street
Answers come straight from this home’s MLS® listing.
How much is 697 Hale Street listed for, and what would it cost each month?
697 Hale Street is listed for $1,499,900. With 20% down ($299,980), the mortgage payment would be roughly $6,050 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $6,506 a month, all in. That figure is an illustration, not a quote.
Is 697 Hale Street freehold or a condo, and is there a monthly fee?
697 Hale Street is a investment in East N, London East. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 697 Hale Street have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 697 Hale Street?
697 Hale Street is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 697 Hale Street, and what is the lot size?
The lot is listed as 75.4 x 116.9 ft.
How is 697 Hale Street heated and cooled?
Heating is baseboard. The listing does not show air conditioning.
What are the property taxes for 697 Hale Street?
Property taxes are $5,472 a year (2025), or about $456 a month.
Where is 697 Hale Street?
697 Hale Street is in the East N community of London East. The nearest main intersection is Dundas St / Hale St. The postal code is N5W 1J1.
Is 697 Hale Street still for sale?
Yes. It is an active listing (MLS® X13676564). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 697 Hale Street asking?
Similar properties for sale nearby right now include 350 Hamilton Road at $1,400,000, 551 York Street at $1,349,000 and 119 Dundas Street at $1,299,999. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 697 Hale Street sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 697 Hale Street?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
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Commercial retail$1,400,000350 Hamilton Road, London EastEast LCourtesy of: BLUE FOREST REALTY INC.View home →
Commercial retail$1,349,000551 York Street, London EastEast KCourtesy of: RE/MAX METROPOLIS REALTYView home →
Store w apt / office$1,299,999119 Dundas Street, London East4 bath · East KCourtesy of: THRIVE REALTY GROUP INC.View home →Courtesy of: RIGHT AT HOME REALTY
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.