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    For Sale - 80 BASE LINE Road, London South, Ontario

    Est payment $3,842/mo
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    Views   3
    Time on Jump  25 day

    AI Summary *

    • Currently configured as four units, offering redevelopment potential.
    • Half-acre site fully rezoned for an 8-storey, 77-unit apartment building.
    • Located near Wortley Village with great access to transit and amenities.
    • Existing tenancy provides interim income to offset holding costs.
    • Potential for additional density and flexible development strategies.




    Opportunity knocks. Currently configured as four units converted from a single-family home and zoned r9-7, this property offers exceptional redevelopment and value-add potential. This prime multi-residential development site presents a rare and flexible acquisition opportunity for qualified buyers. The half-acre site 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, while the existing tenancy provides interim income to help offset holding costs. Ideally located steps from wortley village in london, the property benefits from excellent 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, and there is also the ability to develop 10-plex buildings depending on the buyer's strategy. This property must be sold together with the neighbouring bungalow at 82 baseline road, creating a larger development assembly and enhancing overall redevelopment potential, making this a rare near-turnkey opportunity in a high-demand location with multiple exit strategies.
    Listing IDX12861692
    Address80 BASE LINE Road
    CityLondon South, Ontario
    Price$800,000
    Bed / Bath4 / 4 Full
    Style2-Storey, Fourplex
    ConstructionBrick
    TypeMulti-Family
    StatusFor Sale

    Subtype FourplexIndoor Features NoneAmenities Golf, Hospital, Fenced YardOwnership FreeholdWaterfront NoneBasement Unfinished, Partial BasementFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 5.00
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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 Base Line Road
    London South , Ontario
    4 4 $800,000
    Get more info