Brokered by: RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
MLS®: 40763389 (Freehold)
Price: $1,800,000.00
Address: 80 & 82 BASE LINE Road W, London FOR SALE Subdivision: South E Postal Code: N6J1V2 Style: Bedrooms: 0 Bathrooms: 0 Lot Size: 150 ft x 143 ft Property Size: 0.492
About 80 & 82 Base Line Road W
DEVELOPMENT OPPORTUNITY – PRIME MULTI-RESIDENTIAL SITE! SELLER OPEN TO A JOINT VENTURE AND WILLING TO OFFER A VENDOR TAKE-BACK (VTB) MORTGAGE- An exceptional opportunity for qualified buyers seeking flexibility and partnership. Prime multi-residential development site in one of London’s most desirable neighborhoods! 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 offset holding costs. Located just steps from vibrant Wortley Village, with access to transit, shops, restaurants, and green space, this location is highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking. A rare turnkey development project in a high-demand area with flexible deal structure options. (id:56071). Get more information on 80 & 82 Base Line Road W
Property Features
Features: Country residential Rental Equipment: Directions: BASE LINE ROAD WEST OF WHARNCLIFFE Zoning Description: R9-7 Lot: 0.492 ac|under 1/2 acre 0.492 Water: Municipal water, Municipal sewage system Heating / Cooling: / Age: Basement: None
Rooms & Sizes
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John DiRenzo
Sales Representative RE/MAX Centre City John DiRenzo Team Brokerage
Direct Phone: (519) 857-3490
John DiRenzo, Salesperson. Cell: (519) 857-3490. RE/MAX Centre City John DiRenzo Team Brokerage.
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