$4,900,000

388 Dundas Street

London ON, N6B 1V7

Description

Downtown tower development site. Downtown development incentives apply! Official plan shows bonusing approvals could allow up to 35 storey tower site with no minimum parking requirements. 250 units is realistic here. Downtown Incentives allow for significant development cost savings on Development Charges making "per unit" soft costs at less than $20k per unit. Surrounded by existing high density. Prime location between Downtown and prestigious historical Woodfield district. Walking distance to Fanshawe College, bars and restaurants, Bud Gardens, Citi Plaza, the Covent Garden Market and all that Downtown living offers. Some vendor financing available. Jv's may be considered. Existing 45,000 sq ft building also available for lease.

Details

MLS#249080
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site171

Features

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Area Information
ProvinceON
CountyMiddlesex
CityLondon
Postal CodeN6B 1V7
AreaEast
Listing VS Median (in N6B 1V7)
Price:
$4,900,000
low | high
Med:
$2,450,002
99.999948979592% of Average
On Site:
171
low | high
Med:
171
100% of Average
Listing Updated: 09/25/2020
SAM ABOUZEID LogoMLS Number: 249080
Listing Provided By:
SAM ABOUZEID  of  ROYAL LEPAGE TRILAND REALTY
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