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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in London
About 697 Hale Street
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!
London investment priced at $1,499,900 — book a tour to see if it fits your search.
Inside 697 Hale St
Every detail from the listing, in one place.
Type
Investment
Features & systems
Lot & land
Lot size (sqft)
0.11
Listing & possession
Property class
Investment
697 Hale St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13676564$1,499,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 697 Hale St Compares to the London Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market39Homes sold in about 39 days on average.
Sale-to-list ratio97.2%On average, homes sold below asking.
Active listings2,443Homes for sale here right now.
Median vs prior 90 days−2.3%Compared with Apr 29 – Jul 28, 2026: prices down.
Based on 1,797 sales from Jul 28 – Oct 26, 2026 (1,477 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 697 Hale St
How much is 697 Hale St listed for?
697 Hale St is listed at $1,499,900 (MLS® X13676564). Summitly updates the price as soon as the MLS® record changes.
Has the price of 697 Hale St changed?
No — 697 Hale St is still listed at its original asking price of $1,499,900.
How many bedrooms and bathrooms does 697 Hale St have?
The listing for 697 Hale St doesn't publish its bedroom and bathroom count. It is a commercial property in London.
How does 697 Hale St compare with other homes in London?
Its asking price of $1,499,900 is about 169% above the median sold price in London over the last 90 days, $557,000, across 1,797 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 697 Hale St been sold before?
Summitly has no earlier MLS® sale or lease of 697 Hale St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 697 Hale St?
697 Hale St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 697 Hale St been on the market?
73 days — 697 Hale St was listed on August 14, 2026.
What is the land transfer tax on 697 Hale St?
About $26,473 in Ontario land transfer tax at the asking price of $1,499,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 697 Hale St or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 697 Hale St?
The listing for 697 Hale St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for London.
When was 697 Hale St built?
The listing for 697 Hale St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.