Space
Finished area and layout
- Building Area
- 22,674 sqft
+4 more
22,674 sqft
Building Area
Property Snapshot
Key details for this listing
Property
Type, style and structure
- Type
- commercial
- Style
- industrial / Industrial
Lot
Land, frontage and setting
- Zoning
- h-9 h-108 RSC1 RSC3(23) RSC4 HS HS4
Costs
Price, taxes and monthly charges
About This Property
This industrial in London East offers 22,674 sqft of building area. The property has zoned h-9 h-108 RSC1 RSC3(23) RSC4 HS HS4. The home features partial.
MLS Remarks
Exceptional single-tenant investment opportunity at 2449 Dundas Street, located along an established commercial corridor in London's east end. This 22,674 SF building sits on a substantial 3.575-acre site and is 100% leased to Forest City Gymnastics, a well-established tenant with a specialized recreational use, providing secure long-term income through August 31, 2034. The lease offers stable, predictable cash flow with built-in rent escalations over the term and a 10-year renewal option, delivering a current NOI of $244,087 and a 6.34% cap rate at the $3,850,000 asking price. A standout feature is the significant excess land, offering long-term flexibility and potential for future expansion or development, subject to zoning, municipal approvals, and purchaser due diligence. Flexible RSC zoning supports a wide range of permitted uses. Positioned on high-exposure Dundas Street, the property benefits from strong traffic counts, convenient access, and proximity to residential neighbourhoods, commercial amenities, and major east London employment areas. London is Southwestern Ontario's largest urban centre, anchored by healthcare, education, manufacturing, and logistics, with continued population growth and economic expansion supporting ongoing tenant demand. With long-term tenancy, an established tenant, valuable excess land, and a highly accessible location, 2449 Dundas Street represents a compelling, secure investment in one of Southwestern Ontario's strongest urban markets.
Full Listing Details
Address2449 Dundas Street, London East, ON N5V 3C8
MLS#X13487624
Listing StatusNew
Property TypeCommercial
Sub-TypeIndustrial
TransactionSale
List DateJun 25, 2026
Days on Market122
Annual Tax$31,606 (2025)
Possession DetailsOccupied by Tenant
StyleIndustrial
CityLondon East
ProvinceOn
Postal CodeN5V 3C8
Lot Size4 sqft
Zoningh-9 h-108 RSC1 RSC3(23) RSC4 HS HS4
CoolingPartial
SecurityNo
UtilitiesAvailable
Annual Tax$31,606 (2025)
Tenant belongings.
Business TypeOther
Entrance is on the south side of Dundas Street just east of Crumlin Sideroad.
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