ON > London East > East G
London East, ON N5W 2Z4,714 Dundas ST
$699,990
Est. payment /mo
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5 Beds
4 Baths
New

714 Dundas ST London East, ON N5W 2Z4

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East G

MLS Listing ID X12346774

Style 2-Storey

Bedrooms 5

Annual Tax Amount $3,225

Tax Year 2024

Property Sub-Type Fourplex

Property 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.

Location

Province ON

County Middlesex

Community East G

Area Middlesex

Rooms

Family Room No

Basement None

Kitchen 4

Interior

Interior Features None

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Pool None

Roof Type Other

Lot Frontage 37.79

Lot Depth 144.34

Total Parking Spaces 10

Building

Foundation Other

Listed by THE AGENCY REAL ESTATE
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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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714 Dundas ST

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