798 812 Dundas St, London
798 812 Dundas St, London
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10 Photos
- Living area: 36946.8 square feet
- MLS®: x8139764
- Type: Commercial
- Added: 50 days ago
Property Details
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.
Property Information
- Cooling: Fully air conditioned
- Living Area: 36946.8
- Photos Count: 10
- Water Source: Municipal water
- Tax Annual Amount: 25001.62
- Building Area Total: 36946.8
- Lot Size Dimensions: Bldg=166.25 x 204.23 FT
- Extras: See Brochure package in documents for site details. Documents also include proposed site plan and elevation drawings (id:1945)
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