We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
798-812 DUNDAS STREET, LONDON
2024-03-13
Quick Summary
- Location
- 798-812 DUNDAS STREET, LONDON, Ontario N5W2Z7
- Price
- $2,995,000
- Status:
- For Sale
- Property Type:
- Retail
- Area:
- 36946ft2
MLS®#X8139764
Property Description
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:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Public Transit, Recreation
Building
- Cooling Type: Fully air conditioned
- Fireplace: No
- Interior Size: 36946.8 sqft
- Utility Water: Municipal water
Land
- Land Size: Bldg=166.25 x 204.23 FT
Zoning
- Description: BDC(19), D250, H46
Information entered by CENTURY 21 FIRST CANADIAN CORP
Listing information last updated on: 2024-06-04 14:25:42
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
5% + HST . Not all agents charge the same.
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One Percent Realty's top FAQs
We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.
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- Email:
- patrick.lexima@gmail.com
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- Email:
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- Phone:
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- Email:
- benlind_d@hotmail.com
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