720 Dundas Street London East, Ontario N5W 2Z4
$999,990
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:53488)
Property Details
| MLS® Number | X12346846 |
| Property Type | Multi-family |
| Community Name | East G |
| Parking Space Total | 4 |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 10 |
| Bedrooms Total | 10 |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Aluminum Siding, Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Attached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 144 Ft ,2 In |
| Size Frontage | 37 Ft ,7 In |
| Size Irregular | 37.6 X 144.2 Ft ; 144.20 Ft X 37.53 Ft X 144.33 Ft X 34.61 |
| Size Total Text | 37.6 X 144.2 Ft ; 144.20 Ft X 37.53 Ft X 144.33 Ft X 34.61 |
https://www.realtor.ca/real-estate/28738173/720-dundas-street-london-east-east-g-east-g
Contact Us
Contact us for more information
Jeff Wybo
Broker
(519) 472-0990
Mazen Joukhaji
Salesperson
(519) 472-0990
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 15 2025 05:24:22
London and St. Thomas Association of REALTORS®
The Agency Real Estate
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