720 Dundas Street, London East, ON

$919,999

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10

Beds

1

Bath

2,000

Square feet

About 720 Dundas Street

Cash cow or Development potential. Prime Investment Opportunity at 714 & 720 Dundas St, London, ON! These side-by-side lots, feature a 4-plex and an 8-plex, delivering a robust 7.37% cap rate with a Net Operating Income of $125,354. Perfect for investors seeking strong cash flow or developers eyeing redevelopment potential, these properties are strategically located on vibrant Dundas Street, a key corridor with access to City of London CIP grants, including Development Charge exemptions and Tax Increment Equivalent Grants. Zoned for potential high-density residential or mixed-use projects, the combined lots offer flexibility for immediate rental income or future development. Don't miss this rare chance to acquire a high-yield, value-add asset in a growing market contact us today for financials and development details! Properties must be sold together.

Features of 720 Dundas Street

MLS® # X12346846
Price $919,999
Bedrooms 10
Bathrooms 1.00
Square Footage 2,000
Type Residential Freehold
Sub-Type Multiplex
Style 2-Storey
Status Active

Community Information

Address 720 Dundas Street
Area Middlesex
Subdivision East G
City London East
Province ON
Postal Code N5W 2Z4

Amenities

Parking Spaces 2
# of Garages 2
Garages Attached
Is Waterfront No
Pool None

Interior

Heating Radiant
Cooling Window Unit(s)
Fireplace No
Basement None

Exterior

Exterior Aluminum Siding, Brick

Listing Details

OfficeTHE AGENCY REAL ESTATE

Listing Map

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