








1/101033 DUNDAS STREET, London East (East M), ON N5W3A4
$799,000 total
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Asset Class
Land
Size
—
Building class
C
Zoning
AG — Agricultural
$ / SF
—
Occupancy
91%
Situated in close proximity to 100 Kellogg Lane, this property presents an exceptional opportunity for investors, developers, and builders looking to capitalize on the continued revitalization of the Dundas Street corridor. Located on a fully serviced site, the property comes with full approval for a 4-storey mixed-use building consisting of 15 residential units and 1 commercial unit, offering the opportunity to begin construction immediately. Alternatively, an amendment is currently underway for a 3-storey design featuring approximately 1,500 sq. ft. of commercial space and seven two-bedroom apartments, including six desirable two-storey units with private entrances. The proposed design offers cost-efficient wood-frame construction, no common residential hallways, ample parking, and an attractive mix of residential and commercial uses. Whether proceeding with the fully approved 16-unit mixed-use project or pursuing the amended 3-storey design, this is a flexible, construction-ready opportunity ideally positioned to benefit from the ongoing transformation and growth of the Dundas Street corridor. (id:66811)
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Monthly debt service
$4K
Projected NOI
$32K
Annual cash flow
$-13K
Cash-on-cash
-5.30%
DSCR
0.71
Going-in cap
3.95%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
43,199
Households
15,917
Median income
$110,500
Median age
44.6
Daytime population
45,500
5-yr growth
5%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 1033 DUNDAS STREET, London East (East M).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.