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Last Updated : 557 Days ago
1033 Dundas St, London, Ontario, East M

1033 Dundas St, London MLS Number: X9391357

East M, London, Middlesex, ON, N5W 3A4

$1,150,000

Status: OFF MARKET

  • Property Type: Commercial (Land)
  • Property Taxes : $6646.02 (Tax Year:2024)
  • Listing Courtesy : Century 21 First Canadian Corp

1033 Dundas St Property Description

Prime Development Opportunity: Shovel-Ready Apartment Building Site. This fully approved site is ready for the construction of a 4-storey apartment building featuring 15 residential units (6 two-bedroom/two-bathroom and 9 one-bedroom/one-bathroom)along with a ground-floor commercial space. All architectural, structural, mechanical, and electrical drawings have been completed and submitted for permit issuance. The Zoning By-law Amendment (ZBA) and Site Plan Approval (SPA) processes are fully complete. Upgraded stormwater, sewer, and water services have already been extended to the property line this year. Included in the purchase price are approximately $200,000 in soft costs and $200,000 in hard costs already invested in site preparation, including a $95K deposit with Magest Building Structures. An "as built" appraisal valued the property at $5.9M prior to recent interest rate adjustments. Seller will consider VTB.

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1033 Dundas St Property Facts

Property Type :Commercial
MLS Number :X9391357
Listing Type :Sale
Property Age :New
Possession Date :
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Last Updated :19 Dec, 2024 (557 Days ago)
Source :TRREB
Area :Middlesex
Postal Code : N5W 3A4
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1033 Dundas St Property Price & Tax Insights

Price : $1,150,000
Property Taxes :$6646.02
Tax Year :2024

1033 Dundas St, London Property Details

Cross Street :Located On Dundas Street between Egerton Street and Kellogg Lane

1033 Dundas St, London - Price History

2024-12

05 Dec, 2024

TREB #X9391357

Available

$1150000.0

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1033 Dundas St - Location Map and Landmarks

  • London Health Sciences Centre – Children's, Middlesex 3.7 km
  • London Health Sciences Centre – Victoria's, Middlesex 3.7 km
  • London Health Sciences Centre – University, Middlesex 5.18 km
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