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

Listed for:
$1,600,000
0 beds
0 baths
Listed 23 days ago
80 & 82 Base Line Road W, London, Ontario N6J 1V2

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About

BASE LINE 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
40808793
Type
Vacant Land
Ownership Type
Freehold
Land Size
0.492 ac|under 1/2 acre

Building

Amenities
Public Transit, Schools
Fireplace Present
No
Basement Type
None
Basement Features
Building Heating Type
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location

Learn more about this property
Listing provided by:
RE/MAX TWIN CITY REALTY INC.
MLS® number:
40808793
Agent:
Adam Patel
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