$399,900

$50,000

778-780 Dundas Street, London East, ON N5W 2Z7

East G, London East,

| | 3,485 sq.ft. |

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FULLY VACANT, Mixed-Use, 2-Storey Brick, Commercial/Residential Building in London's Old East Village. BDC Zoning allowing plenty of uses. Excellent opportunity to invest in the future of a revitalized downtown London. Currently containing 2 commercial units (street level) previous office area, board room, 2-pc washroom, as well as a previous barbershop with open retail area, small office, and 2-pc washroom. Also 4 residential units (first and second levels), one (1) x bachelor and three (3) x 2-bedroom apartments, and an unfinished basement for storage and mechanical area. Approximately 3500 sqft on a massive 33 x 203 ft lot in Downtown London with a total of 6,729 sqft. This site has been approved by the City for the up to SIX (6) residential units. The Four (4) current residential units have been gutted and ready for full renovation to force appreciation. City of London has also deemed this site as eligible for the financial incentives for the redevelopment of Old East Village including the following: Facade Improvement Loan, Upgrade to Building Code Loan, Rehab & Redevelopment Tax Grant, and the Combined Tax Grant & Residential Development Charges Grant. Fantastic opportunity to buy and hold or immediately get to work and take advantage of the City of London's financial incentives to achieve the highest and best use with room to renovate 2 commercial retail/office space and a full renovation of the existing and additional residential units. Such a lot size within the City is also unique and rare for future development opportunities. Positioned for maximum visibility, accessibility, and character, this property enjoys a highly convenient location near Downtown, shopping districts, public transit hubs, the Western Fair District, and offers swift access to Highway 401. Fully Vacant and ready to close. Financing available.

Property Info
MLS®: X12057111
Listing Courtesy of RARE REAL ESTATE
Total Bathrooms 5
Floor Space 3485 3485
Lot Size 6775 sq.ft.
Last Updated 2025-04-02
Property Type Commerece
Listed Price $399,900
Unit Pricing $115/sq.ft.
Tax Estimate $5,542/Year
More Details
Water Supply Municipal
Summary
    Location and General Information
  • HoldoverDays: 90
  • Property Type: Commercial
  • Property Sub Type: Commercial Retail
  • Directions: Dundas St & English St
  • Taxes and HOA Information
  • Tax Year: 2024
Interior and Exterior Features
    Bathrooms Information
  • WashroomsType1: 5
  • Interior Features
  • Cooling: Partial
  • HeatType: Gas Forced Air Open
Property
    Property and Assessments
  • Building Area Total: 3485
  • Building Area Units: Square Feet
  • Lot Information
  • Parcel Number: 082820195
  • LotSizeUnits: Feet
  • LotDepth: 204.14
  • LotWidth: 33.19
Sold History
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