Selling

714 Dundas Street, London East, ON N5W 2Z4

$699,990

  • (0)
  • 1 Views
  • Oct 06, 2025
  • London East, East G

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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.
Overview
Property ID: X12346774
Type: Fourplex
Bedrooms: 5
Bathrooms: 4
Square: 2,250 m²
Price: $699,990
PropertyType: Residential Freehold
TransactionType: For Sale
BuildingAreaUnits: Square Feet
Cooling: Window Unit(s)
Heating: Forced Air
ParkingFeatures: None
YearBuilt: Unknown
TaxAnnualAmount: 3225
PossessionDetails: Immediate
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