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$4,900,000
388 Dundas St, London, ON
0 Beds
0 Baths
n/a sqft

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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.
  • Price:
  • $4,900,000
  • Listing ID #:
  • 249080
  • Street Address:
  • 388 Dundas St
  • City:
  • London
  • Province:
  • Ontario
  • County:
  • Middlesex
  • Community:
  • East
  • Subarea:
  • East F
  • Listing Status:
  • Active
  • Dwelling Type:
  • Multi-Family/Investment
  • Lot Shape:
  • Irregular
  • Cross Street:
  • Colbourne
  • Street Type:
  • Street
  • Sub Area:
  • East F
  • Property Taxes:
  • $66,612
  • Tax Year:
  • 2019
  • Existing Water:
  • Municipal-Metered
  • Heating:
  • Other (see Remarks)
  • Sewage Type:
  • Sewer (municipal)
  • Listing provided by Royal Lepage Triland Realty
  • ONITSO

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