5
720 DUNDAS STREET
$999,990 Sale
Listed 3 days ago
· 10
· 1.0
· 4
· 2000 - 2500
Key Facts
Key facts for 720 DUNDAS STREET
Property Type
Other, Other
Parking
Garage: Yes, 4 parking
MLS #
X12346846
Size
2000 - 2500 sqft
Basement
-
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
-
Maintenance Fee
-
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. (id:10452)
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Listing courtesy of: THE AGENCY REAL ESTATE
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