1033 Dundas Street London East, Ontario N5W 3A4

$799,000

EXCEPTIONAL DEVELOPMENT OPPORTUNITY! Situated in close proximity to 100 Kellogg Lane, this property presents an exceptional opportunity for investors, developers, and builders looking to capitalize on the continued revitalization of the Dundas Street corridor. Located on a fully serviced site, the property comes with full approval for a 4-storey mixed-use building consisting of 15 residential units and 1 commercial unit, offering the opportunity to begin construction immediately. Alternatively, an amendment is currently underway for a 3-storey design featuring approximately 1,500 sq. ft. of commercial space and seven two-bedroom apartments, including six desirable two-storey units with private entrances. The proposed design offers cost-efficient wood-frame construction, no common residential hallways, ample parking, and an attractive mix of residential and commercial uses. Whether proceeding with the fully approved 16-unit mixed-use project or pursuing the amended 3-storey design, this is a flexible, construction-ready opportunity ideally positioned to benefit from the ongoing transformation and growth of the Dundas Street corridor. (id:53015)

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https://www.realtor.ca/real-estate/30227864/1033-dundas-street-london-east-east-m-east-m