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1033 Dundas Street London, Ontario N5W 3A4

Farm Type: Other
Farm Type: Other
Cooling: Fully Air Conditioned Heating: Other, Natural Gas

$1,299,900

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. (id:48040)

Property Details

MLS® Number X9391357
Property Type Retail
Neigbourhood Old East Village
Community Name East M
Amenities Near By Public Transit
Farm Type Other
Features Irregular Lot Size

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 11700 Sqft
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Size Depth 150 Ft
Size Frontage 78 Ft
Size Irregular 78 X 150 Ft ; Street
Size Total Text 78 X 150 Ft ; Street
Zoning Description Bdc(47)

https://www.realtor.ca/real-estate/27528093/1033-dundas-street-london-east-m

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