S a n d a l R e a l E s t a t e S e r v i c e s I n c , B r o k e r a g e

2449 Dundas Street, London East, ON N5V 3C8

2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8
2449 Dundas Street, London East, ON N5V 3C8

2449 Dundas Street, London East, ON N5V 3C8

$3,850,000

icon
2449 Dundas Street, London East, ON N5V 3C8, London East, ON

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.

Property Highlights

For Sale
  • icon

    MLS NO.

    X13487624

  • img

    Type

    Commercial

  • img

    Sub Type

    Industrial

  • img

    Square Footage

    22674.0 sqft

Complete Property Details

Property Type Commercial
Sub Type Industrial
Transaction Type For Sale
Status Active
Contract Status Available
MLS® Number X13487624
Security Features No
Lot Width 394.59
Lot Size 3.575
Lot Size Units Acres
Garage Type Outside/Surface
Cooling Partial
Heat Type Gas Forced Air Closed
Internet Address Display Yn Yes
Internet Entire Listing Display Yn Yes
Full Address 2449 Dundas Street, London East, ON N5V 3C8
City London East
Neighbourhood East J
County / Region Middlesex
Province / State ON
Postal Code N5V 3C8
Cross Street Crumlin Sideroad
Directions Entrance is on the south side of Dundas Street just east of Crumlin Sideroad.
Country CA
List Price $3,850,000
Annual Taxes $31,606
Tax Year 2025
Possession Type Other
Possession Details Occupied by Tenant
Listing Office CANADIAN COMMERCIAL REALTY INC
Board London and St. Thomas Association of REALTORS
Original Entry 2026-06-25T13:26:46Z
Media Updated 2026-06-25T13:26:47Z
Photos Updated 2026-06-25T13:26:47Z
Last Modified 2026-06-25T13:39:11Z
System Modified 2026-07-06T21:39:05.426191Z
MLS Status New
Basement Yn No
Co List Office Name CANADIAN COMMERCIAL REALTY INC
Ddfyn Yes
Expiration Date 2026-12-17
Heat Type Multi Gas Forced Air Closed, Radiant
Hstapplication In Addition To
Occupant Type Tenant
Originating System Id A00001796
Parcel Number 081720002
Parking Spaces 90
Public 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.
Showing Requirements List Salesperson
Street Name Dundas
Street Number 2449
Street Suffix Street
Vendor Property Info Statement No