720 Dundas Street London East (East G), ON
PROPERTY INFO
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:4555)
PROPERTY SPECS
Listing ID X12346846
Address 720 DUNDAS STREET
City London East (East G), ON
Price $999,990
Bed / Bath 10 / 1 Full
Construction Aluminum siding, Brick
Land Size 37.6 x 144.2 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61
Type Other
Status For sale
EXTENDED FEATURES
Parking 4Cooling Window air conditionerHeating Radiant heatHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-08-15 18:01:16Days on Market 5Parking 4
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LISTING OFFICE:
The Agency Real Estate, Mazen Joukhaji
