$3,950,000
Status: For Sale
Investment opportunity in the heart of East London's bustling commercial district. Positioned east of downtown, this prime redevelopment site offers the potential for high-rise apartment buildings. Boasting close proximity to an array of locally-owned shops, eclectic restaurants, and cultural landmarks. The proposed site plan, complete with city feedback, outlines the possibility of two 6-storey buildings, reflecting the exciting vision for development. Current zoning density allows for up to 250 units per hectare, with the opportunity for further density increases through a zoning amendment. Recent changes eliminating parking requirements for new residential developments along Dundas Street streamline the process, enhancing the project's feasibility. Phase 2 environmental assessment completed. Currently leased to two tenants, the property offers immediate rental income, providing a steady cashflow while awaiting redevelopment.
| Property Type | :Commercial |
| MLS Number | :X8139764 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :06 Apr, 2024 (27 Days ago) |
| Area | :Middlesex |
| Postal Code | : N5W 2Z7 |
| Source | :TRREB |
| Price | :$3,950,000 |
| Property Taxes | :$25001.62 |
| Tax Year | :2023 |
| Cross Street | :Rectory |
| Fireplace/Stove | :No |
13 Mar, 2024
TREB #X8139764
Available
$3950000.0
798-812 Dundas St is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 798-812 Dundas St with a highly strategic location at the N5W 2Z7 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
798-812 Dundas St offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the X8139764 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 25001.62 and an attractive 3,950,000 while getting several vibrant benefits at the same time.
This Sale can be readily found online by searching for the right Commercial in Canada, particularly in your desired Ontario and N5W 2Z7. You will enjoy ample sqft at this project along with getting access to the best infrastructure including and Outside/Surface for accommodating vehicles in tandem with , and easy access to the nearest cross street which is Rectory. The locality has a good walk score while offering easy access to public transit facilities and an excellent bike score , making it highly convenient for your people to reach in a timely manner without any hassles at all.
You can check out several attractive $19,750 available on the 3,950,000 and these help in making things more pocket-friendly and comfortable for you by all means. You should keep an eye out for special $19,750 and other attractive incentives for buying this Commercial in Ontario and at N5W 2Z7. Based upon the sheer approx. square footage available for users along with amenities, this makes for a value proposition by all means. This X8139764 offers a safe, secure and comfortable experience for users in Canada. Experience luxurious, comfortable and sleek experiences at this stylishly designed Commercial with the best materials and fixtures for company. Construction quality is top-notch while you can expect a highly convenient and innovative layout along with suitable configurations for enabling a modern workforce.
Pocket-friendly pricing aside, you will get all assistance with mortgages at reasonable rates along with customer support round the clock online for attending to all your queries and helping you close the deal for this Commercial successfully. 798-812 Dundas St promises to be a great option for those seeking elegantly designed commercial spaces suitable for meeting multifarious needs. The need of the hour is designing spaces which are located amidst good communities with proper public amenities and facilities and also suitable infrastructure at the same time. Commercial properties in Canada are available with elegant and stylish designs at N5W 2Z7 and you will find a value addition at 798-812 Dundas St by all means.
