714 Dundas St

For Sale 21 Days
$699,990
5 beds
4 baths

714 Dundas St

For Sale 21 Days
$699,990
5 beds
4 baths

Highlights

Key insights

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. (id:63267)

JEFF WYBO of THE AGENCY REAL ESTATE,
#X12346774
updated 3 weeks ago.
Houseful checked MLS® for data 3 weeks ago.

Home overview

Amenities / Utilities
  • Cooling
    Window air conditioner
  • Heat source
    Natural gas
  • Heat type
    Forced air
  • Sewer/ septic
    Sanitary sewer
Exterior
  • # total stories
    2
  • # parking spaces
    10
Interior
  • # full baths
    4
  • # total bathrooms
    4.0
  • # of above grade bedrooms
    5
Location
  • Subdivision
    East g
  • Directions
    2079816
Overview
  • Lot size (acres)
    0.0
  • Listing #
    X12346774
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28737955/714-dundas-street-london-east-east-g-east-g
  • Listing type identifier
    Idx

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The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
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$-1,867

/ Month
25 Years fixed, 20% down payment, % interest
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