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

4 Bedroom 4 Bathroom 2500 - 3000 sqft
Central Air Conditioning Forced Air

$800,000

Opportunity knocks. Currently configured as four units converted from a single-family home and zoned R9-7, this property offers exceptional redevelopment and value-add potential. This prime multi-residential development site presents a rare and flexible acquisition opportunity for qualified buyers. The half-acre site 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, while the existing tenancy provides interim income to help offset holding costs. Ideally located steps from Wortley Village in London, the property benefits from excellent 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, and there is also the ability to develop 10-plex buildings depending on the buyer's strategy. This property must be sold together with the neighbouring bungalow at 80 Baseline Road, creating a larger development assembly and enhancing overall redevelopment potential, making this a rare near-turnkey opportunity in a high-demand location with multiple exit strategies. (id:49269)

Property Details

MLS® Number X12861716
Property Type Multi-family
Community Name South E
AmenitiesNearBy Golf Nearby, Hospital
Features Flat Site
ParkingSpaceTotal 5

Building

BathroomTotal 4
BedroomsAboveGround 4
BedroomsTotal 4
Age 51 To 99 Years
Amenities Fireplace(s)
BasementDevelopment Unfinished
BasementType Partial (unfinished)
CoolingType Central Air Conditioning
ExteriorFinish Brick
FoundationType Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 2
SizeInterior 2500 - 3000 Sqft
Type Fourplex
UtilityWater Municipal Water

Parking

Attached Garage
Garage

Land

Acreage No
FenceType Fenced Yard
LandAmenities Golf Nearby, Hospital
Sewer Sanitary Sewer
SizeFrontage 75 Ft
SizeIrregular 75 Ft
SizeTotalText 75 Ft|under 1/2 Acre
ZoningDescription R9-7

Rooms

Level Type Dimensions
Second Level Bedroom 2.97 m x 3.89 m
Second Level Laundry Room 3.17 m x 1.83 m
Second Level Living Room 2.87 m x 3.66 m
Second Level Kitchen 3.66 m x 3.66 m
Second Level Bedroom 5.49 m x 2.62 m
Second Level Laundry Room 3.17 m x 1.83 m
Second Level Kitchen 3.66 m x 3.89 m
Main Level Kitchen 2.95 m x 3.05 m
Main Level Bathroom 1.83 m x 2.03 m
Main Level Primary Bedroom 3.35 m x 4.27 m
Main Level Other 4.57 m x 3.96 m
Main Level Other 4.57 m x 3.35 m
Main Level Sunroom 4.57 m x 3.17 m
Main Level Primary Bedroom 4.88 m x 4.04 m
Main Level Laundry Room 3.58 m x 3.12 m

Utilities

Cable Installed
Electricity Installed

https://www.realtor.ca/real-estate/29445778/82-base-line-road-w-london-south-south-e-south-e

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