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Last Updated : 576 Days ago
798-812 Dundas Street, London, ON,

798-812 Dundas Street, London MLS Number: 40553500

London, Middlesex, ON, N5W 2Z7

$2,995,000

Status:

  • Area : 7700 sqft
  • Property Type: Commercial Sale (Mixed,Building and Land)
  • Property Taxes : $25001.62 (Tax Year:2023)
  • Listing Courtesy : Century 21 First Canadian Corp., Brokerage

798-812 Dundas Street Property Description

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, including the iconic Aeolian Hall, London Police Station, and Western Fair District. The proposed site plan, complete with city feedback, outlines the possibility of two 6-storey buildings, reflecting the exciting vision for the 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 cash flow while awaiting redevelopment. Don't miss the chance to shape the skyline of East London and unlock the full potential of this premier redevelopment site. Contact us today to schedule a viewing or discuss further details, and let's turn your vision into reality.

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798-812 Dundas Street Property Facts

Property Type :Commercial Sale
MLS Number :40553500
Listing Type :Sale
Possession Date :
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Last Updated :07 May, 2024 (576 Days ago)
Source :LSTAR
Area :Middlesex
City :London
Area Major :East
Area Minor :East G
Postal Code : N5W 2Z7
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Directions :Head East on Dundas Street from Adelaide St, Turn Left at lights on Rectory Street into Russell Hendrix parking lot

798-812 Dundas Street Property Price & Tax Insights

Price : $2,995,000
Property Taxes :$25001.62
Tax Year :2023

798-812 Dundas Street, London Property Details

Cross Street :Rectory Street
Approx Square Footage :7700 sqft

798-812 Dundas Street, London - Price History

2024-05

07 May, 2024

TREB #40553500

Price Change

$2995000

798-812 Dundas Street - Location Map and Landmarks

  • London Health Sciences Centre – Children's, Middlesex 3.41 km
  • London Health Sciences Centre – Victoria's, Middlesex 3.41 km
  • London Health Sciences Centre – University, Middlesex 4.7 km
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