714 Dundas Street

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.

This fourplex home located at 714 Dundas Street, London East, ON N5W 2Z4 is currently for For Sale and has been available on Wedu.ca for days. This property is listed at CA$700K. It has 5 beds, 4 bathrooms, and is 2000-2500 square feet. The property is N/A years old. 714 Dundas Street, London East, ON N5W 2Z4 is in London East neighborhood East G.