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

Listed for:

$1,600,000

0 beds

0 baths

Listed 23 days ago

Other for rent: 80 & 82 Base Line Road W, London South, Ontario N6J 1V2

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About

BASELINE ROAD WEST OF WHARNCLIFFE 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:27476)

Property Highlights

MLS® Number

X12861680

Type

Single Family

Community Name

South E

Land Size

150 x 143 FT

Building

Building Type

Other

Storeys

2.00

Square Footage

0 - 699 sqft

Exterior Finish

Brick, Aluminum siding

Fireplace Present

Basement Type

Basement Features

Building Heating Type

Forced air

Heating Fuel

Natural gas

Building Cooling Type

Central air conditioning

Utilities

Water

Municipal water

Location

Learn more about this property

Listing provided by:

RE/MAX TWIN CITY REALTY INC.

MLS® number:

X12861680

Agent:

Adam Patel

Phone:

(519) 740-3690

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