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$2,995,000
Available - For Sale
Listing ID: X12740736
Prime Commercial Real Estate Opportunity in East London, close to the Western Fair Casino Complex, and the new Hard Rock Hotel, this versatile property is ideal for various uses or as a central hub for a single enterprise. With over 7800 sf and approx. 75 parking spots available, this site presents a remarkable opportunity for a growing business to relocate. This property is also ideal for investors looking to transform the space for diverse purposes, such as retail, office, or warehouse, in a dynamic plaza-style setting. Strategically situated at the North/East corner of Dundas St. and Rectory St. in the heart of East London, the site is adjacent to the Provincial Court offices and opposite The Aeolian Hall, offering a prime location east of downtown suited for high-rise apartment development. The area also features a variety of locally owned shops, unique restaurants, and cultural landmarks, enhancing its appeal. The property offers significant potential for future development, with plans available for two 6-storey buildings in an area poised for growth amid high-density multi-family developments. The current zoning allows for a density of up to 250 units per hectare, with the possibility of increasing density further through a zoning amendment. The proposed site plan outlines two 6-floor, 88-unit mid-rise buildings, which complement the completed Phase 2 environmental assessment and underscore the site's readiness for redevelopment. This is an exceptional investment opportunity in a rapidly evolving community.
Price $2,995,000
Taxes: $29,276.49
Tax Type: Annual
Occupancy by: Owner
Address: 812 Dundas Street , London East, N5W 2Z7, Middlesex
Postal Code: N5W 2Z7
Province/State: Middlesex
Legal Description: FIRSTLY: LOT 9 & PART LOT 28 BLOCK M PLA
Directions/Cross Streets: Rectory
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Washroom 16:  0
Washroom 17:  0
Washroom 18:  0
Washroom 19:  0
Washroom 20:  0
Washroom 21:  0
Washroom 22:  0
Washroom 23:  0
Washroom 24:  0
Washroom 25:  0
Category: Multi-Use
Use: Retail Store Related
Building Percentage: T
Total Area: 7,894
Total Area Code:  Square Feet
Office/Appartment Area: 2103
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Maintenance: 0
Sprinklers: No
Clear Height Feet: 16
  Width Feet: 8
  Height Feet: 12
  Width Feet: 8
Heat Type: Baseboard
Central Air Conditioning: Yes
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SUTTON GROUP - SELECT REALTY

812 Dundas Street , London East, N5W 2Z7, Middlesex

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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Type: Com - Commercial Retail
Area: Middlesex
Municipality: London East
Neighbourhood: East G
Style:
Lot Size: x 254.00(Feet)
Approximate Age:
Tax: $29,276.49
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908