714 Dundas Street, London East, ON

$699,990

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5

Beds

4

Baths

2,000

Square feet

About 714 Dundas Street

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.

Features of 714 Dundas Street

MLS® # X12346774
Price $699,990
Bedrooms 5
Bathrooms 4.00
Square Footage 2000-2500
Type Residential Freehold
Sub-Type Fourplex
Style 2-Storey
Status Active

Community Information

Address 714 Dundas Street
Area Middlesex
Subdivision East G
City London East
Province ON
Postal Code N5W 2Z4

Amenities

Parking Spaces 10
Garages None
Is Waterfront No
Pool None

Interior

Heating Forced Air
Cooling Window Unit(s)
Fireplace No
Basement None
Kitchens 4

Exterior

Exterior Aluminum Siding, Brick

Listing Details

OfficeTHE AGENCY REAL ESTATE

Listing Map

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