$529,900
FOR SALE

Commercial/Retail

Lot: 33.17 x 204.08 ft

778-780 Dundas Street S
London, ON N5W 2Z7

FULLY VACANT, Mixed-Use, 2-Storey Brick, Commercial/Residential Building in London's Old East Village. BDC Zoning allowing plenty of uses. Excellent opportunity to invest in the future of a revitalized downtown London. Currently containing 2 commercial units (street level) previous office area, board room, 2-pc washroom, as well as a previous barbershop with open retail area, small office, and 2-pc washroom. Also 4 residential units (first and second levels), one (1) x bachelor and three (3) x 2-bedroom apartments, and an unfinished basement for storage and mechanical area. Approximately 3500 sqft on a massive 33 x 203 ft lot in Downtown London with a total of 6,729 sqft. This site has been approved by the City for the up to SIX (6) residential units. The Four (4) current residential units have been gutted and ready for full renovation to force appreciation. City of London has also deemed this site as eligible for the financial incentives for the redevelopment of Old East Village including the following: Facade Improvement Loan, Upgrade to Building Code Loan, Rehab & Redevelopment Tax Grant, and the Combined Tax Grant & Residential Development Charges Grant. Fantastic opportunity to buy and hold or immediately get to work and take advantage of the City of London's financial incentives to achieve the highest and best use with room to renovate 2 commercial retail/office space and a full renovation of the existing and additional residential units. Such a lot size within the City is also unique and rare for future development opportunities. Positioned for maximum visibility, accessibility, and character, this property enjoys a highly convenient location near Downtown, shopping districts, public transit hubs, the Western Fair District, and offers swift access to Highway 401. Fully Vacant and ready to close. (id:47421)
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Listed By RARE REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X11948065
Last Updated Feb 04, 2025
Property Summary
Property Type Commercial/Retail

More like this:
Use Retail Store Related
Community East G
Price History

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Detailed Information
Lot 33.17 x 204.08 ft
Amenities Nearby Public Transit, Recreation
Listing Contract Date 2025-01-30
Location Description Dundas St & English St
Property Type Retail
Transaction Type For sale
Zoning Description BDC
Business
Business Type Retail and Wholesale
Business Subtype Retail misc.
Building
Cooling Type Partially air conditioned
Heating Fuel Natural gas
Heating Type Other
Size (Exterior) 3485 square feet
Utility Water Municipal water
Land
Total Size Bldg=33.19 x 204.14 FT
Amenities Public Transit, Recreation
Size of Irregular Land Bldg=33.19 x 204.14 FT

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