London, ON · · MLS® X13487624Updated
$3,850,000
2449 Dundas St is an industrial in London, listed for $3,850,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
London industrial priced at $3,850,000 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: CANADIAN COMMERCIAL REALTY INC, BrokerageMLS® X13487624 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in London around $3.9M.
Homes for sale in London
Every active London MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 1,869 sales from Jul 15 – Oct 13, 2026 (1,414 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
2449 Dundas St is listed at $3,850,000 (MLS® X13487624). Summitly updates the price as soon as the MLS® record changes.
No — 2449 Dundas St is still listed at its original asking price of $3,850,000.
The listing for 2449 Dundas St doesn't publish its bedroom and bathroom count. It is a commercial property in London.
Its asking price of $3,850,000 is about 584% above the median sold price in London over the last 90 days, $562,500, across 1,869 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Summitly has no earlier MLS® sale or lease of 2449 Dundas St on record from the last two years. Older records aren't shown under TRREB rules.
2449 Dundas St is in London, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
110 days — 2449 Dundas St was listed on June 25, 2026.
About $82,725 in Ontario land transfer tax at the asking price of $3,850,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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The listing for 2449 Dundas St doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for London.
The listing for 2449 Dundas St doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
