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714 Dundas Street London East (East G), ON

$699,990
|
5 Beds
|
  4 Full
|

PROPERTY INFO

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:4555)

PROPERTY SPECS

Listing ID X12346774
Address 714 DUNDAS STREET
City London East (East G), ON
Price $699,990
Bed / Bath 5 / 4 Full
Construction Aluminum siding, Brick
Land Size 37.8 x 144.3 FT
Type Fourplex
Status For sale

EXTENDED FEATURES

Basement NoneParking 10Cooling Window air conditionerHeating Forced airHeating Fuel Natural gasUtility Water Municipal water Date Listed 2025-08-15 18:01:08Days on Market 111Parking 10
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226.881.0754

REQUEST MORE INFORMATION

LISTING OFFICE:
The Agency Real Estate, Mazen Joukhaji
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