5
720 Dundas Street
$999,990 Sale
Listed 7 days ago
· 10
· 1
· 4
· 2000-2500
Listing History
Buy/Sell/Terminated/Expired listing history for 720 Dundas Street
Key Facts
Key facts for 720 Dundas Street
Property Type
Apartment, 2-Storey
Parking
Attached 2 garage, 4 parking
MLS #
X12346846
Size
2000-2500 sqft
Basement
None
Listed on
2025-08-14
Lot size
38 x 144.2
Tax
$10,170.70 /yr
Days on Market
9
Approximate Age
-
Maintenance Fee
-
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.
Similar Properties (No results)
Courtesy of: THE AGENCY REAL ESTATE