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1033 DUNDAS STREET, London, Ontario, N5W 3A4

MLS® # X9391357
Vacant Land For Sale In East London, London, Ontario
$1,150,000
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
1033 Dundas Street, London, ON
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ACTIVE
1033 DUNDAS STREET, London, Ontario, N5W 3A4
$1,150,000

Property Information:

Prime Development Opportunity: Shovel-Ready Apartment Building Site. This fully approved site is ready for the construction of a 4-storey apartment building featuring 15 residential units (6 two-bedroom/two-bathroom and 9 one-bedroom/one-bathroom)along with a ground-floor commercial space. All architectural, structural, mechanical, and electrical drawings have been completed and submitted for permit issuance. The Zoning By-law Amendment (ZBA) and Site Plan Approval (SPA) processes are fully complete. Upgraded stormwater, sewer, and water services have already been extended to the property line this year. Included in the purchase price are approximately $200,000 in soft costs and $200,000 in hard costs already invested in site preparation, including a $95K deposit with Magest Building Structures. An ""as built"" appraisal valued the property at $5.9M prior to recent interest rate adjustments. Seller will consider VTB. (id:27)

Building Features:

  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Vacant Land
  • Amenities Nearby: Public Transit
  • Features: Irregular lot size
  • Irregular: Yes
  • Lot Depth: 150.0 Feet
  • Lot Frontage: 78.0 Feet
  • Lot Size: 78 x 150 FT ; Street
  • Zoning: BDC(47)
  • Sewer: Storm sewer

Courtesy of: CENTURY 21 FIRST CANADIAN CORP

REALTOR.ca  

Location of 1033 DUNDAS STREET, London, Ontario, N5W 3A4

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: Moderate

35 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

35 hot days expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 1033 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 Precipitation Risk: Moderate-High

14 storms expected in 2050

63/100

Moderate-High

ClimateCheck®

Current data

This property, 1033 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.

Demographic Information of 1033 DUNDAS STREET, London, Ontario, N5W 3A4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,059.22

Average Number of Children

1.48

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.36 %

High school certificate or equivalent

30.63 %

Apprenticeship trade certificate/diploma

5.5 %

College/non-university certificate

27.01 %

University certificate (below bachelor)

1.38 %

University Degree

17.13 %

Commuter

Travel To Work

By Car

75.22 %

By Public Transit

10.8 %

By Walking

6.31 %

By Bicycle

1.43 %

By Other Methods

6.24 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.14 %

Houses

52.86 %

Own Vs. Rent