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Back to search Home Countries Canada London 720 Dundas Street
$885,000

720 Dundas Street

720 Dundas Street
10 beds 1 baths Tenant

Property facts

Property type
Tenant
Bedrooms
10
Bathrooms
1
Parking
available

Only details supplied with this listing are shown. Ask the listing contact to confirm measurements, taxes and costs.

About this home

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.

Location

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Listing information

Original source
london.listing.ca
Added to Mirror
Record updated

Added and updated dates describe the Mirror record. Source publication and verification dates are shown separately when known; none establishes time on market. Confirm current price and availability with the listing contact.

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