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80 & 82 Base Line Road W London South (South E), Ontario N6J 1V2

0 - 699 sqft
Central Air Conditioning Forced Air

$1,600,000

DEVELOPMENT OPPORTUNITY - PRIME MULTI-RESIDENTIAL SITE. An exceptional opportunity to acquire a prime multi-residential development site in one of London's most desirable neighbourhoods. This half-acre property is fully rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase. The site is currently tenanted, generating interim income to help offset holding costs, and is located just steps from Wortley Village with convenient access to transit, shops, restaurants, and green space, making it highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking, presenting a rare near-turnkey development opportunity in a high-demand rental market. (id:49269)

Property Details

MLS® Number X12861680
Property Type Single Family
Community Name South E

Building

CoolingType Central Air Conditioning
ExteriorFinish Brick, Aluminum Siding
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 0 - 699 Sqft
Type Other
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
SizeDepth 143 Ft
SizeFrontage 150 Ft
SizeIrregular 150 X 143 Ft
SizeTotalText 150 X 143 Ft
ZoningDescription R9-7

https://www.realtor.ca/real-estate/29445773/80-82-base-line-road-w-london-south-south-e-south-e

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