For Sale

714 Dundas Street, London East, Ontario N5W 2Z4

$699,990

714 Dundas Street, London East, Ontario N5W 2Z4 is For Sale and has a listing price of 699,990. The property is located in the East London neighbourhood . It's been on the website for 31 Days.

  • Fourplex
    Property Type
  • 5
    Bedrooms
  • 4
    Bathrooms
  • Parking
  • MLS ID: X12346774
  • Office Name THE AGENCY REAL ESTATE
Property Description

Cash cow or Development potential. Prime Investment Opportunity at 714 & 720 Dundas St, London, ON! These side-by-side lots, feature a 4-plex and an 8-plex, delivering a robust 7.37% cap rate with a Net Operating Income of $125,354. Perfect for investors seeking strong cash flow or developers eyeing redevelopment potential, these properties are strategically located on vibrant Dundas Street, a key corridor with access to City of London CIP grants, including Development Charge exemptions and Tax Increment Equivalent Grants. Zoned for potential high-density residential or mixed-use projects, the combined lots offer flexibility for immediate rental income or future development. Don’t miss this rare chance to acquire a high-yield, value-add asset in a growing market contact us today for financials and development details! Properties must be sold together.

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: X12346774
  • Price: $699,990
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 144.34
  • Ref ID: X12346774
  • Approx Sqft: 2000-2500
  • Dir / Cross St: DUNDAS STREET AND ELIZABETH
  • Status: Active
  • Tax Year: 2024
  • Property Type: Fourplex
  • Property Sub Category: Fourplex
Price History
List Date MLS ID List Price Status End Date Closed Price
08/15/2025 X12346774 $699,990 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
East London
  • $558,963 Average List Price
    based on 1 year
  • 57 New Listings
    based on 30 days
  • 30 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.01 % Up
  • Sold (12mo) 65
  • Rented (12mo) 24

  • 1 Month Change -
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2-storey
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 10
  • Exterior Brick, Aluminum Siding
  • Kitchen 4
  • Parking Y
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 4 # Pcs: 4
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Taxes: $3,225
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Immediate
  • Listing Entry Date: 15/08/2025 15:52:27
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