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MLS® X12346846

720 Dundas St

London East, ON N5W 2Z4

$919,999

Bedrooms

10

Bathrooms

1

Type

Multiplex

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.

Property Details

Listed Date8/15/2025
Days on Market132 days
Lot Size0.12 acres (5,227 sq ft)
Property TypeMultiplex

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Listed by

THE AGENCY REAL ESTATE

MLS® #X12346846