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:52316)
THE AGENCY REAL ESTATE
$699,990
714 DUNDAS STREET, London East, Ontario
5 Bedrooms
4 Bathrooms
Property
MLS® Number: X12346774
Address: 714 DUNDAS STREET
City: London East
Exterior: Brick, Aluminum siding
Utilities
Heating: Forced Air, Natural Gas
Parking
Parking Spaces: 10
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Property Sale History
Travel and Neighbourhood
64/100Walk Score®
Somewhat Walkable
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Location
