714 Dundas Street London East, Ontario N5W 2Z4
$665,000
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. (id:61716)
Property Details
| MLS® Number | X12712636 |
| Property Type | Multi-family |
| Neigbourhood | Old East Village |
| Community Name | East G |
| ParkingSpaceTotal | 10 |
Building
| BathroomTotal | 4 |
| BedroomsAboveGround | 5 |
| BedroomsTotal | 5 |
| BasementType | None |
| CoolingType | Window Air Conditioner |
| ExteriorFinish | Aluminum Siding, Brick |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 2000 - 2500 Sqft |
| Type | Fourplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 144 Ft ,3 In |
| SizeFrontage | 37 Ft ,9 In |
| SizeIrregular | 37.8 X 144.3 Ft |
| SizeTotalText | 37.8 X 144.3 Ft |
https://www.realtor.ca/real-estate/29269582/714-dundas-street-london-east-east-g-east-g
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January 30 2026 07:57:32
London and St. Thomas Association of REALTORS®
The Agency Real Estate
