204-206 Dundas Street is a beautiful historic building in the heart of downtown London, offering convenient access to transit, restaurants, shops and surrounding amenities. The property benefits from flexible DA1 zoning, permitting a wide range of uses including retail, offices, restaurants, medical/dental, apartment buildings, commercial recreation and more. The building is currently occupied by a long-term tenant on a 20-year lease with multiple 10-year renewal options. Structured as a net lease, the property offers a hands-off investment opportunity with long-term income potential in a prominent downtown location. Current NOI of $188,206.20 (id:13843)
| MLS # | X13880162 |
|---|---|
| Listing Type | For Sale |
| Style | Offices |
| Status | Active |
| Days On Site | 11 |
| Listing Provided By | THRIVE REALTY GROUP INC. | BRADLEY GLEED |
| SQ Feet | 10,628 |
|---|---|
| Zoning | DA1 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 34064.23 |
|---|
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N6A1G7 |
| Listing VS Median (in N6A1G7) | |
Price: $1 low | high Med: $447,500 sqft: 10,628 low | high Med: 7,553 $ / sqft: $0 low | high Med: $100 On site: 11 low | high Med: 323 | |
| Province | ON |
|---|---|
| City | London East (East F) |
| Postal Code | N6A1G7 |
| Listing VS Median (in N6A1G7) | |
Price: $1 low | high Med: $447,500 sqft: 10,628 low | high Med: 7,553 $ / sqft: $0 low | high Med: $100 On site: 11 low | high Med: 323 | |