1033 Dundas St

London | East M | N5W 3A4
  • 11700.0 sqft
  • 0 gar

$1,299,900

Est. Mtg $4,407 /mo
  • Days on market

    45

  • Status

    A

Listing Broker CENTURY 21 FIRST CANADIAN CORP
Since listed: 1 views

Home details

MLS #:

X9391357

Property type:
Commercial/Retail
Style:
Taxes:
$6,646
Possession:
Flexible
Condo Fee:
Lot Size:
78.0 X 150.0
Zoning:
BDC(47)
Use:
Other
Heat:
Gas Forced Air Open

Description


1033 Dundas St, , London, Ontario is a Commercial/Retail property in London and in the East M community in the N5W 3A4 postal code


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..

Extras

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Payment calculator

$4961 monthly. In association with: TD Bank
%
  • Principal and Interest
    4407 /mo
  • Property Taxes
    $553 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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