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 (buyer to verify). A rare turnkey development project in a high-demand area with flexible deal structure options. |
Price | $1 |
Taxes: | $8999.00 |
Assessment Year: | 2025 |
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 | |
Washroom Type 6 | 0 | |
Washroom Type 7 | 0 | |
Washroom Type 8 | 0 | |
Washroom Type 9 | 0 | |
Washroom Type 10 | 0 |
Total Area: | 0.00 |
Property Type: | Multiplex |
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. |
|
Book Showing | Email a Friend |
Type: | Freehold - Multiplex |
Area: | Middlesex |
Municipality: | London South |
Neighbourhood: | South E |
Style: | 2-Storey |
Lot Size: | x 143.00(Feet) |
Approximate Age: | |
Tax: | $8,999 |
Maintenance Fee: | $0 |
Beds: | 0 |
Baths: | 0 |
Garage: | 0 |
Fireplace: | N |
Air Conditioning: | |
Pool: | None |