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798-812 Dundas Street, London, ON, N5W 2Z7

MLS® # 40553500
Commercial For Sale In East London, London, Ontario
$3,950,000
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
798-812 Dundas Street, London, ON
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MULTIMEDIA

ACTIVE
798-812 Dundas Street, London, ON, N5W 2Z7
$3,950,000

Property Information:

Investment opportunity in the heart of East London's bustling commercial district. Positioned east of downtown, this prime redevelopment site offers the potential for high-rise apartment buildings. Boasting close proximity to an array of locally-owned shops, eclectic restaurants, and cultural landmarks, including the iconic Aeolian Hall, London Police Station, and Western Fair District. The proposed site plan, complete with city feedback, outlines the possibility of two 6-storey buildings, reflecting the exciting vision for the development. Current zoning density allows for up to 250 units per hectare, with the opportunity for further density increases through a zoning amendment. Recent changes eliminating parking requirements for new residential developments along Dundas Street streamline the process, enhancing the project's feasibility. Phase 2 environmental assessment completed. Currently leased to two tenants, the property offers immediate rental income, providing a steady cash flow while awaiting redevelopment. Don't miss the chance to shape the skyline of East London and unlock the full potential of this premier redevelopment site. Contact us today to schedule a viewing or discuss further details, and let's turn your vision into reality.

Property Features:

  • Bedrooms: 0
  • Acres Range:
  • Basement: Full
  • Construction Materials: Block, Metal/Steel Siding, Stucco
  • Interior Features: High Speed Internet
  • Lot Depth: 204.23 Feet
  • Lot Features: Irregular Lot, Ample Parking, City Lot, High Traffic Area, Public Transit, Schools, Visual Exposure
  • Lot Frontage: 166.25 Feet
  • Parking Features: Asphalt, Guest
  • Road Frontage Type: Municipal Road
  • Road Surface Type: Paved
  • Security Features: Security System
  • Utilities: Electricity Connected, Natural Gas Connected, Street Lights, Phone Connected
  • Water Source: Municipal
  • Water Treatment:
  • Zoning: BDC(19),D250,H46
  • Sewer: Sewer (Municipal)

Courtesy of: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE

Data provided by: London St. Thomas Association of REALTORS® 342 Commissioners Rd. W., London, Ontario N6J 1Y3
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 798-812 Dundas Street, London, ON, N5W 2Z7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

35 hot days expected in 2050

Projected Storm Risk: Very High

14 storms expected in 2050

Projected Heat Risk: High

35 hot days expected in 2050

55/100

High

ClimateCheck®

Current data

This property, 798-812 Dundas Street , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 35 hot days at 34.5 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.5℃

# Hot Days Per Year

Past
7
2050
35

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk:

14 storms expected in 2050

63/100

ClimateCheck®

Current data

This property, 798-812 Dundas Street , experiences 11 significant 2-day storms per year, with about 328.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 404.2mm of precipitation per year.

Precipitation Per Storm

Past
328.5mm
2050
404.2mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 798-812 Dundas Street, London, ON, N5W 2Z7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$78,086.13

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.34 %

High school certificate or equivalent

30.71 %

Apprenticeship trade certificate/diploma

3.89 %

College/non-university certificate

28.91 %

University certificate (below bachelor)

1.35 %

University Degree

21.8 %

Commuter

Travel To Work

By Car

73.98 %

By Public Transit

12.06 %

By Walking

5.55 %

By Bicycle

2.6 %

By Other Methods

5.81 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

38.91 %

Houses

61.09 %

Own Vs. Rent

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