ON > London East > East G
London East, ON N5W 2Z7,778-780 Dundas ST S
London East, ON N5W 2Z7,778-780 Dundas ST S
London East, ON N5W 2Z7,778-780 Dundas ST S
London East, ON N5W 2Z7,778-780 Dundas ST S
London East, ON N5W 2Z7,778-780 Dundas ST S
London East, ON N5W 2Z7,778-780 Dundas ST S
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Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 399,900
Est. payment | /mo

5 Baths

3,485 SqFt

Save
$ 399,900
Est. payment | /mo
Save

5 Baths

3,485 SqFt

Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 3,485 sqft

Price per Sqft $114

Subdivision East G

MLS Listing ID X12057111

Annual Tax Amount $5,541

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

FULLY VACANT, Mixed-Use, 2-Storey Brick, Commercial/Residential Building in London's Old East Village. BDC Zoning allowing plenty of uses. Excellent opportunity to invest in the future of a revitalized downtown London. Currently containing 2 commercial units (street level) previous office area, board room, 2-pc washroom, as well as a previous barbershop with open retail area, small office, and 2-pc washroom. Also 4 residential units (first and second levels), one (1) x bachelor and three (3) x 2-bedroom apartments, and an unfinished basement for storage and mechanical area. Approximately 3500 sqft on a massive 33 x 203 ft lot in Downtown London with a total of 6,729 sqft. This site has been approved by the City for the up to SIX (6) residential units. The Four (4) current residential units have been gutted and ready for full renovation to force appreciation. City of London has also deemed this site as eligible for the financial incentives for the redevelopment of Old East Village including the following: Facade Improvement Loan, Upgrade to Building Code Loan, Rehab & Redevelopment Tax Grant, and the Combined Tax Grant & Residential Development Charges Grant. Fantastic opportunity to buy and hold or immediately get to work and take advantage of the City of London's financial incentives to achieve the highest and best use with room to renovate 2 commercial retail/office space and a full renovation of the existing and additional residential units. Such a lot size within the City is also unique and rare for future development opportunities. Positioned for maximum visibility, accessibility, and character, this property enjoys a highly convenient location near Downtown, shopping districts, public transit hubs, the Western Fair District, and offers swift access to Highway 401. Fully Vacant and ready to close. Financing available.

Location

Province ON

County Middlesex

Community East G

Area Middlesex

Interior

Cooling Partial

Exterior

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Lot Frontage 33.19

Lot Depth 204.14

Others

Security Features Partial

Listed by RARE REAL ESTATE
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We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

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778-780 Dundas ST S