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1033 DUNDAS STREET
London Ontario N5W3A4 Canada

$1,150,000

Active Listing ID X9391357
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11,700 square feet
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Retail

$1,150,000

Active Listing ID X9391357
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1033 DUNDAS STREET 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:203)

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Property Features

  • Facts
  • Property Sub-type: Retail
  • Features
  • Cooling System: Fully air conditioned
  • Heating Systems: Natural gas, Other
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 12/5/2024 9:00:12 PM GMT
Source Updated Date: 12/18/2024 12:21:52 AM GMT

Courtesy of: JENNY DRYGAS, Salesperson, CENTURY 21 FIRST CANADIAN CORP