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798-812 Dundas Street London, Ontario N5W 2Z7

36946.8 sqft
Fully Air Conditioned Forced Air

$2,995,000

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. The proposed site plan, complete with city feedback, outlines the possibility of two 6-storey buildings, reflecting the exciting vision for 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 cashflow while awaiting redevelopment. **** EXTRAS **** See Brochure package in documents for site details. Documents also include proposed site plan and elevation drawings (id:45615)

Property Details

MLS® Number X8139764
Property Type Retail
Amenities Near By Public Transit, Recreation

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Exterior 36946.8 Sqft
Size Interior 36946.8 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit, Recreation
Size Depth 204 Ft
Size Frontage 166 Ft
Size Irregular Bldg=166.25 X 204.23 Ft
Size Total Text Bldg=166.25 X 204.23 Ft
Zoning Description Bdc(19), D250, H46

https://www.realtor.ca/real-estate/26618652/798-812-dundas-street-london


JENNY DRYGAS
Salesperson

(519) 495-1422
CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
420 York Street
London, Ontario N6B 1R1

(519) 673-3390
(519) 673-6789
firstcanadian.c21.ca/
facebook.com/C21First
instagram.com/c21first

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