Address: 720 DUNDAS STREET, London East (East G) FOR SALE Postal Code: N5W2Z4 Style: Type: Multi-family Other Bedrooms: 10 Bathrooms: 1 Bedrooms Aboveground: 10 Parking: Attached Garage Garage: Attached Garage Lot Size: 37 ft ,7 in x 144 ft ,2 in Property Size: 37.6 x 144.2 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61 Stories: 2
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. (id:56071). Get more information on 720 Dundas Street
Property Features
Rental Equipment: Directions: DUNDAS STREET AND ELIZABETH Interior Size: 2000 - 2500 sqft Lot: 37.6 x 144.2 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61 37.6 x 144.2 FT ; 144.20 ft x 37.53 ft x 144.33 ft x 34.61 Exterior Finish: Aluminum siding, Brick Water: Municipal water, Sanitary sewer Heating / Cooling: Natural gas / Window air conditioner Age: Basement:
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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