ON
London
N6J1V2
80 BASE LINE W Road
80 BASE LINE W Road, London, ON N6J1V2
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Listing Type
Lots/Land
Listing Status
active
7
$1,800,000

Home Details for 80 BASE LINE W Road

Price
$1,800,000
Type
Land
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
0.492
Parking
Days on site
25
Listing #
40763389
Property Description

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:31684)

Property Features
    Listing Courtesy: RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
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