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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.

Features
: Full
: Three Phase
: High Speed Internet
: Schools, Irregular Lot, City Lot, Public Transit, Ample Parking, High Traffic Area, Visual Exposure
: Asphalt, Guest
: Security System
: Sewer (municipal)
: Electricity Connected, Natural Gas Connected, Phone Connected, Street Lights
Address Map
ON
Middlesex
London
N5W 2Z7
798-812 Dundas Street
0
W82° 46′ 31.4”
N42° 59′ 27.7”
South
Head East on Dundas Street from Adelaide St, Turn Left at lights on Rectory Street into Russell Hendrix parking lot
Additional information
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
: Stucco, Block, Metal/steel Siding
: Poured Concrete
: North
0
: Municipal Road
2
C$25002
: Municipal

798-812 Dundas Street, London, ON N5W 2Z7

C$2995000
Listing ID #40553500
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 40553500
Price : C$2995000
Building Area : 7,700 Sqft
Status : Active
Property SubType : Mixed,building And Land
Zoning : BDC(19),D250,H46
Agent info
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