Size
-
Lot size
-
Street frontage
-
Possession
Immediate
Price per sqft
$280 - $350
Taxes
$3,225 (2024)
Parking Type
-
Style
2-Storey
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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.
Broker: THE AGENCY REAL ESTATE
MLS®#: X12346774
Property details
Parking:
10
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2000-2500 sqft
Lot front:
37 Ft
Lot depth:
144 Ft
Listed on:
Aug 15, 2025
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Instant estimate:
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$52,221
lower than listed pricei
High
$689,385
Mid
$647,769
Low
$630,147
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