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80 & 82 Base Line Road W

Southcrest, London, ON, N6J 1V2

-
Beds
-
Baths
$2,600,000
List Price
Details
Photos
7
Comparables
History
80 & 82 Base Line Road W, London, ON - 1 of 3
80 & 82 Base Line Road W, London, ON - 2 of 3
80 & 82 Base Line Road W, London, ON - 3 of 3
New
10 days on market

DEVELOPMENT OPPORTUNITY PRIME MULTI-RESIDENTIAL SITE! An exceptional investment opportunity in one of London's most sought-after neighborhoods! This half-acre site has been rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase without the challenges of... Show More

DEVELOPMENT OPPORTUNITY PRIME MULTI-RESIDENTIAL SITE! An exceptional investment opportunity in one of London's most sought-after neighborhoods! This half-acre site has been rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase without the challenges of rezoning. The property is currently tenanted, providing immediate cash flow to help offset holding costs during the SPA process. Located near Wortley Village, one of London's most vibrant and desirable communities, this site is highly appealing to future tenants. Its proximity to shops, dining, parks, and transit ensures strong rental demand and long-term growth potential. Additionally, the current zoning permits up to 12 storeys, with the potential to further increase density if underground parking is incorporated (buyer to conduct due diligence). This is a rare, turnkey development opportunity in a prime location. With growing demand for rental housing and limited supply, this project is strategically positioned for strong returns. The seller is willing to partner through a joint venture and is open to exploring flexible financing solutions. Don't miss your chance to capitalize on this incredible investment. (id:54626)

Property Details

Parking

Attached Garage,Garage

Lot

Size
1800′0″ * 1716′0″
Acres
-

Build

Year Built
-
Model Name
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Basement
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Exterior
Brick, Aluminum siding
Foundation
Poured Concrete
Builder Name
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Stories
2
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
Central air conditioning

Utilities

Water
Municipal water
Sewer
-
SHOW LESS

Source

Listing Brokerage

MLS® Listing
X11998236
Last Updated
March 12, 2025
Brokerage
RE/MAX TWIN CITY REALTY INC.
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