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1033 Dundas Street London, Ontario N5W 3A4

11700 sqft
Fully Air Conditioned Other

$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:18082)

Property Details

MLS® Number X9391357
Property Type Retail
Community Name East M
AmenitiesNearBy Public Transit
FarmType Other
Features Irregular Lot Size

Building

CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 11700 Sqft
UtilityWater Municipal Water

Land

Acreage No
LandAmenities Public Transit
SizeDepth 150 Ft
SizeFrontage 78 Ft
SizeIrregular 78 X 150 Ft ; Street
SizeTotalText 78 X 150 Ft ; Street
ZoningDescription Bdc(47)

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

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