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720 Dundas Street.
London, ON  $885,000

Unit 1One Bed Rent: $734/m. Unit 2 One Bed Rent: $1375/m. Unit 3 One Bed Rent $1,450/m. Unit 4 One Bed Rent $1400/m. Unit 5 Two Bed Rent $1,600/m. Unit 6 One Bed Rent $528/m. Unit 7 One Bed Rent $1,225/m. Unit 8 One Bed Rent $1286/m. 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:57519)

720 Dundas Street. London, ON
$885,000

Unit 1One Bed Rent: $734/m. Unit 2 One Bed Rent: $1375/m. Unit 3 One Bed Rent $1,450/m. Unit 4 One Bed Rent $1400/m. Unit 5 Two Bed Rent $1,600/m. Unit 6 One Bed Rent $528/m. Unit 7 One Bed Rent $1,225/m. Unit 8 One Bed Rent $1286/m. 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:57519) Read More

Listed by The Agency Real Estate