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5
BEDROOMS4
BATHROOMS4
KITCHENS9
ROOMSX12712636
MLSIDContact Us
Property Description
Unit 1Two Bed Rent: $1,450/m. Unit 2 One Bed Rent: $1,440/m. Unit 3 One Bed Rent: $1,400/m. Unit 4 One Bed Rent: $1450/m. 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.
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Property Features
None, Available
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Property Details
Property Type
Fourplex
Lot Size
38' x 144'
Acreage
0.1 Feet
Taxes
$3,225 (2025)
Basement
None
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
10
Garage Type
None
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Listing contracted with The Agency Real Estate
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