341 Southdale Road E, London South, Ontario N6E 1A2

Listed for:
$1,399,900
0 beds
0 baths
Listed 53 days ago
341 Southdale Road E, London South, Ontario N6E 1A2

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Listing provided by:
SAM SINGH REALTY INC.
MLS® number:
X12305931
Agent:
Sam Singh
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About

Cross Streets: Wharncliffe Road. ** Directions: From Wharncliffe Rd. turn Left on Southdale Rd East, property is on your Right. 341 Southdale Road East Land For Sale | Approved 10-Unit Stacked Townhouse | CMHC MLI Select Potential Land for sale with approvals for a purpose-built, energy efficient 10unit stacked townhouse development in London's Southdale corridor. Seller can provide a detailed pro forma and assist with structuring for CMHC MLI Select insured takeout on stabilization, including high LTV potential and extended amortization, subject to program criteria and DSCR. Ideal build to hold opportunity with modern layouts, surface parking, and strong rental fundamentals. Contact LA for the full pro forma, architectural set, and CMHC MLI Select guidance. Highlights: Approved 10unit stacked townhouse, 3 stories, family sized floorplans Energy efficient design targeting lower operating costs and stronger underwriting CMHC MLI Select pathway: up to 40year amortization and high leverage potential (subject to DSCR and program scoring) Strong rental fundamentals: South London family demand, proximity to schools, parks, retail, and transit Site plan approvals in hand; streamlined path to start Ideal for build to hold investors, family offices, and LP/GP structures Why investors like it: Modern, low maintenance product with durable tenant demand Institutional grade financing options via CMHC MLI Select can enhance long term cash ow and reduce equity friction at takeout. Attractive hold thesis with inflation resilient rents and favorable debt profile Contact LA for the full investor package, architectural drawings, pro forma, and details on CMHC MLI Select positioning. Appointment required before walking the site. (id:27476)

Property Highlights

MLS® Number
X12305931
Type
Vacant Land
Community Name
South W
Land Size
82.5 x 264 FT|under 1/2 acre

Building

Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Location