ON > London East > East G
London East, ON N5W 2Z4,720 Dundas ST
London East, ON N5W 2Z4,720 Dundas ST
London East, ON N5W 2Z4,720 Dundas ST
London East, ON N5W 2Z4,720 Dundas ST
London East, ON N5W 2Z4,720 Dundas ST
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Mahesh Khatri

Mahesh Khatri

+1(416) 464-6568
$ 919,999
Est. payment | /mo

10 Beds

1 Bath

Save
$ 919,999
Est. payment | /mo
Save

10 Beds

1 Bath

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Pending

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East G

MLS Listing ID X12346846

Style 2-Storey

Bedrooms 10

Annual Tax Amount $10,170

Tax Year 2025

Property Sub-Type Multiplex

Property 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.

Location

Province ON

County Middlesex

Area Middlesex

Rooms

Family Room No

Basement None

Kitchen 8

Interior

Interior Features None

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Parking Features Available

Garage Spaces 2.0

Pool None

Roof Type Other

Lot Frontage 37.6

Lot Depth 144.2

Total Parking Spaces 4

Building

Foundation Other

Others

ParcelsYN No

Listed by THE AGENCY REAL ESTATE
Mahesh Khatri

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 464-6568

mkhatri.teammahesh@gmail.com

7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN

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720 Dundas ST