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

Listed for:
$799,900
4 beds
3 baths
Listed 12 days ago
House for rent: 325 Southdale Road E, London South, Ontario N6E 1A2

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About

Cross Streets: White Oak Road. ** Directions: From Homeview Rd, go east on Southdale Rd E. Property is on the south side near Tim Hortons. " BUILDERS INVESTERS SPECIAL " 10 STACKED TOWN HOUSES, ZONING READY APPLY FOR PERMIT AND START DIGGING, 325 Southdale Road East For Sale| Bonus; there's a house in there and is generating $2100+ Utilities in income | 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. SELLER IS REGISTERED REAL ESTATE BROKER. (id:27476)

Property Highlights

MLS® Number
X12754894
Type
Single Family
Community Name
South W
Ownership Type
Freehold
Land Size
73.8 x 294.1 FT
Parking Space Total
10

Building

Building Type
House
Storeys
3.00
Square Footage
1500 - 2000 sqft
Bathrooms Total
3
Bedrooms Above Ground
4
Bedrooms Total
4
Amenities
Fireplace(s)
Exterior Finish
Aluminum siding
Fireplace Present
Yes
Basement Type
Full
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
SAM SINGH REALTY INC.
MLS® number:
X12754894
Agent:
Sam Singh
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Street Spotlight - For sale