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
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