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    For Sale - 80 & 82 Base Line Road, London South, Ontario

    Est payment $7,683/mo
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    Views   1
    Time on Jump  24 day

    AI Summary *

    • Prime half-acre site zoned for an 8-storey, 77-unit apartment building.
    • Interim income from current tenants helps offset holding costs.
    • Located steps from Wortley Village with great access to amenities.
    • Zoning permits up to 12 storeys with potential for increased density.
    • High-demand rental market makes this an attractive investment opportunity.




    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.
    Listing IDX12861680
    Address80 & 82 Base Line Road
    CityLondon South, Ontario
    Price$1,600,000
    Style2-Storey, Other
    ConstructionBrick, Aluminum Siding
    Land Size0.492
    TypeResidential
    StatusFor Sale

    Subtype OtherIndoor Features NoneOwnership FreeholdBasement Development PotentialFoundation Poured ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer None

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    Listing Agency:  RE/MAX TWIN CITY REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    80 & 82 Base Line Road
    London South , Ontario
    $1,600,000
    Get more info