| 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. |
| Price | $1,600,000 |
| Taxes: | $9690.00 |
| Occupancy: | Tenant |
| Address: | 80 & 82 Base Line Road West , London South, N6J 1V2, Middlesex |
| Directions/Cross Streets: | BASELINE ROAD WEST OF WHARNCLIFFE |
| Rooms: | 0 |
| Bedrooms: | 0 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Development |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Other |
| Style: | 2-Storey |
| Exterior: | Brick, Aluminum Siding |
| Garage Type: | Attached |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 0 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Pool: | None |
| Approximatly Square Footage: | < 700 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | None |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX TWIN CITY REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Freehold - Other |
| Area: | Middlesex |
| Municipality: | London South |
| Neighbourhood: | South E |
| Style: | 2-Storey |
| Tax: | $9,690 |
| Fireplace: | N |
| Pool: | None |