1/111838 DUMONT STREET, London East (East H)
1838 DUMONT STREET, London East (East H), ON N5W2S1
$699,900 total
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Asset Class
Land
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
98%
Lot Size
1.52 ac
About this property
Now available: a 7-parcel land assembly offering approximately 1.52 acres in a highly sought-after, rapidly growing area. ZonedR8-3 and R2-3, the site supports a variety of residential development options, including low-rise apartment buildings or stacked townhomes. Ideally positioned with convenient access to major transportation routes and everyday amenities, the property is close to excellent schools, shopping, and services, including Smart Centres London East. The assembled footprint offers flexibility for a larger-scale project or phased development within a well-established community.A standout investment opportunity with strong upside in a proven location. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$38K
Annual cash flow
$-390
Cash-on-cash
-0.19%
DSCR
0.99
Going-in cap
5.49%
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.
Area demographics
Trade area within 3 miles of the property.
Population
116,200
Households
41,961
Median income
$71,000
Median age
42.1
Daytime population
180,694
5-yr growth
3.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1838 DUMONT STREET, London East (East H).
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.