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    For Sale - 720 Dundas Street, London East, Ontario

    Est payment $4,387/mo
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    Views   1
    Time on Jump  13 day

    AI Summary *

    • Two side-by-side lots with a strong 7.37% cap rate.
    • Multiple rental units providing diverse income streams.
    • Strategic location on vibrant Dundas Street for visibility.
    • Zoned for high-density residential or mixed-use development.
    • Opportunity for cash flow now or potential growth later.




    Unit 1one bed rent: $734/m. Unit 2 one bed rent: $1375/m. Unit 3 one bed rent $1,450/m. Unit 4 one bed rent $1400/m. Unit 5 two bed rent $1,600/m. Unit 6 one bed rent $528/m. Unit 7 one bed rent $1,225/m. Unit 8 one bed rent $1286/m. 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.
    Listing IDX12712578
    Address720 Dundas Street
    CityLondon East, Ontario
    Price$885,000
    Bed / Bath10 / 1 Full
    Style2-Storey, Multiplex
    ConstructionAluminum Siding, Brick
    Land Size0.12
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features NoneOwnership FreeholdBasement NoneFoundation OtherHeating / Cooling RadiantHeating Fuel GasSewer Sewer

    Parking 4.00
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    720 Dundas Street
    London East , Ontario
    10 1 $885,000
    Get more info