714 Dundas Street London East (East G), Ontario N5W 2Z4
$699,990
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:41954)
Property Details
| MLS® Number | X12346774 |
| Property Type | Multi-family |
| Community Name | East G |
| Parking Space Total | 10 |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Total | 5 |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Aluminum Siding, Brick |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 2000 - 2500 Sqft |
| Type | Fourplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 144 Ft ,3 In |
| Size Frontage | 37 Ft ,9 In |
| Size Irregular | 37.8 X 144.3 Ft |
| Size Total Text | 37.8 X 144.3 Ft |
https://www.realtor.ca/real-estate/28737955/714-dundas-street-london-east-east-g-east-g
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August 15 2025 04:52:48
London and St. Thomas Association of REALTORS®
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