714 Dundas Street, London East (East G), ON N5W2Z4
Share Listing
Listing Type
Multi Family
Listing Status
active
7
$699,990
Home Details for 714 Dundas Street
Price
$699,990
Type
Residential Income
Bedrooms
5
Bathrooms
4.0
Square feet
NaN
Parking
Days on site
22
Listing #
X12346774
Property Description
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. (id:31684)
Property Features
Heating Information
Forced Air
Natural Gas
Cooling Information
Window Unit(s)
Listing Courtesy: THE AGENCY REAL ESTATE
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.