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Property Description
Calling all Developers and Investors! This infill project has gone through the soft and opportunity costs of Zoning By-Law Amendment and is now zoned R5-7. This new zoning preliminary allows for 2.5 storey stacked townhouse building, containing 12 dwelling units. The site is located on a desirable urban thoroughfare with an average daily traffic volume of 22,500 vehicles per day. The proposed 12 residential units represent intensification within the Primary Transit Area and the Built-Area Boundary. Take advantage of the work completed and add this Turn-Key project to your portfolio!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2017-06-20 | 2017-09-10 | 82 | $359,000 | - | Expired |
| 2017-09-11 | 2017-11-07 | 58 | $340,000 | $300,000 | Sold |
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Property Details
Street
Community
City
Property Type
Vacant Land
Lot Size
150' x 136'
Acreage
< .50
Taxes
$4,544 (2023)
Heat Type
None
Air Conditioning
None
Water
Municipal
Garage Type
None
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Listing contracted with Blue Forest Realty Inc.
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Excellent opportunity for investors, future developers and mechanics. First time being offered since 1971 and nestled on 1.36 acres of serene landscape in North London. The 58 x 40 shop offers 2 oversized garage doors, a 3-piece bathroom with a shower, an office space for added convenience, and a remarkable ceiling height of 16 feet. This property offers a well and septic system in place, providing self-sufficiency and peace of mind. This property backs onto the ravine and the Thames River, offering picturesque views and endless opportunities.
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