Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$1,700,000

714/720 DUNDAS STREET, London, Ontario, N5W 2Z4

MLS® # X11952443

Property Information:

Located on Dundas Street in the heart of Old East Village this real opportunity is primed for significant upside, given the areas notable growth trends and increasing demand for rental units. Dundas Street is experiencing a revitalization, with new developments and infrastructure improvements attracting young professionals seeking convenient access to downtown amenities, parks, and public transit. While the current condition of some of the units may lack modern aesthetics, this presents a rare opportunity for value addition, allowing savvy investors to capitalize on the burgeoning market and transform these units into desirable living spaces that command higher rents and appreciation potential. Investing here means not just buying property but seizing a chance to shape its value moving forward. Properties must be sold together. Please contact for a proforma that outlines current income and expenses and outlines the high value of this property at market rents. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Air Conditioning: Yes
  • Exterior Finish: Brick, Vinyl siding
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Window air conditioner

Property Features:

  • Property Type: Multi-family
  • Features: Flat site, Lighting, Dry
  • Irregular: Yes
  • Lot Depth: 144.3 Feet
  • Lot Frontage: 75.3 Feet
  • Lot Size: 75.4 x 144.3 FT
  • Structure Type: Deck
  • Zoning: BDC
  • Sewer: Sanitary sewer
  • Parking Type: Attached garage
  • No. of Parking Spaces: 10

Courtesy of: STRONGHOLD REAL ESTATE INC.

REALTOR.ca  

Location of 714/720 DUNDAS STREET, London, Ontario, N5W 2Z4

Demographic Information of 714/720 DUNDAS STREET, London, Ontario, N5W 2Z4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,086.13

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.34 %

High school certificate or equivalent

30.71 %

Apprenticeship trade certificate/diploma

3.89 %

College/non-university certificate

28.91 %

University certificate (below bachelor)

1.35 %

University Degree

21.8 %

Commuter

Travel To Work

By Car

73.98 %

By Public Transit

12.06 %

By Walking

5.55 %

By Bicycle

2.6 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.91 %

Houses

61.09 %

Own Vs. Rent