798-812 Dundas Street, London

$3,950,000

0 Beds
0 Baths
0 Sqft
0 Acres
0 Garages

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.

Essential Information
MLS® #40553500
Price$3,950,000
Bathrooms0.00
TypeCommercial Sale
Sub-TypeMixed,Building and Land
StatusActive
Community Information
Address798-812 Dundas Street
AreaEast
SubdivisionEast G
CityLondon
CountyMiddlesex
ProvinceON
Postal CodeN5W 2Z7
Amenities
ParkingAsphalt, Guest
Garagesground
Utilities

Electricity Connected, Natural Gas Connected, Street Lights, Phone Connected

Interior
Interior FeaturesHigh Speed Internet
Has BasementYes
BasementFull
# of Stories2
Exterior
FoundationPoured Concrete
Lot Description

Irregular Lot, Ample Parking, City Lot, High Traffic Area, Public Transit, Schools, Visual Exposure

Construction

Block, Metal/Steel Siding, Stucco

Additional Information
Days on Market49
Listing Details
Office

CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

LISTING MAP

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