East M, London East · MLS® X13740468
11,754 sq ft · Land · Vacant Land · 51 days on market
listed by JENNY DRYGAS, CENTURY 21 FIRST CANADIAN CORP
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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
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Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.