ON > London > East M
London, ON N5W 3A4,1033 Dundas ST
London, ON N5W 3A4,1033 Dundas ST
London, ON N5W 3A4,1033 Dundas ST
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$1,150,000
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11,700 SqFt
Active

1033 Dundas ST London, ON N5W 3A4

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Kenneth Yim

Kenneth Yim

+1(416) 651-5653

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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Square Footage 11,700 sqft

Price per Sqft $98

Subdivision East M

MLS Listing ID X9391357

Building Age New

Annual Tax Amount $6,646

Tax Year 2024

Property Sub-Type Land

Lot Depth 150.0

Property Description

Prime Development Opportunity: Shovel-Ready Apartment Building Site. This fully approved site is ready for the construction of a 4-storey apartment building featuring 15 residential units (6 two-bedroom/two-bathroom and 9 one-bedroom/one-bathroom)along with a ground-floor commercial space. All architectural, structural, mechanical, and electrical drawings have been completed and submitted for permit issuance. The Zoning By-law Amendment (ZBA) and Site Plan Approval (SPA) processes are fully complete. Upgraded stormwater, sewer, and water services have already been extended to the property line this year. Included in the purchase price are approximately $200,000 in soft costs and $200,000 in hard costs already invested in site preparation, including a $95K deposit with Magest Building Structures. An "as built" appraisal valued the property at $5.9M prior to recent interest rate adjustments. Seller will consider VTB.

Location

Province ON

County Middlesex

Community East M

Area Middlesex

Interior

Cooling Yes

Exterior

Community Features Public Transit

Utilities Available Available

Lot Depth 150.0

Others

Security Features No

Listed by CENTURY 21 FIRST CANADIAN CORP

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agent

Kenneth Yim

Broker of Record | License ID: 9524831

+1(416) 651-5653

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