720 Dundas St, London East, Ontario N5W 2Z4
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Highlights
Estimated valueThis is the price Wahi expects this property to sell for.
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Price/Sqft$449/sqft
Monthly cost
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+2
Properties sold*
$498K
Median sold price*
*Based on last 30 days
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.
Property Details
Interior
Features
Exterior
Features
Parking
Garage spaces 2
Garage type Attached
Other parking spaces 2
Total parking spaces 4
Property History
