798-812 DUNDAS STREET (X8139764)

**798-812 DUNDAS STREET, London, Ontario, N5W2Z7**
Property TypeRetail	Building Area36946.8 square feet

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:15271)

**Details**
Amenities NearbyPublic Transit, Recreation	TransactionFor sale
Zoning DescriptionBDC(19), D250, H46

**Building**
CoolingFully air conditioned	Heating FuelNatural gas
HeatingForced air	Size Exterior36946.8 sqft
Size Interior36946.8 sqft	Utility WaterMunicipal water

**Land**
Size Frontage166 ft	AmenitiesPublic Transit, Recreation
Size Depth204 ft	Size IrregularBldg=166.25 x 204.23 FT

Listing Office: CENTURY 21 FIRST CANADIAN CORP

Data Provided by London and St. Thomas Association of REALTORS®

Last Modified :04/06/2024 10:25:42 AM

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798-812 DUNDAS STREET

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