Size
25700 sqft
Lot size
2396.99 sqm
Street frontage
S
Possession
-
Price per sqm
$371
Taxes
$5,055.63 (2023)
Parking Type
-
Style
-
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Description
ATTENTION DEVELOPERS AND INVESTORS! THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR!! Prime land
development opportunity within the city limits and urban growth boundary. A well appointed 0.59 acre
property (125 ft. x 205 ft.) situated on Sunningdale Rd. E. adjacent to the sought after Stoney Creek
neighbourhood and an existing medium density development by the popular Rembrandt Homes. This prime
infill opportunity encourages the development of underused land in an existing urban area to increase
density and place new development near all popular London North conveniences. Numerous similar
development projects have been completed within close proximity. R1-14 zoning allows for a variety of
permitted uses. BONUS sprawling 2+2 bedroom, 1.5 bathroom ranch is currently situated on the property,
perfect for potential rental income while awaiting rezoning and site plan approval. Updates include
furnace, central air, roof, vinyl replacement windows and electrical panel. Just steps from Forest Hill
Woods and Llyndinshire Golf & Country Club, premium hiking trails and sweet serenity awaits you just
outside your front door. Located close to all amenities including shopping, restaurants, great schools,
playgrounds, Mother Teresa Catholic Secondary School, Stoney Creek Community Centre, YMCA & Library,
London Health Sciences Centre and University of Western Ontario. Act fast, you will not want to miss
this opportunity to build your real estate portfolio!
Broker: CENTURY 21 FIRST CANADIAN CORP., BROKERAGE
MLS®#: 40536427
Property details
Parking:
No
Parking type:
-
Property type:
-
Heating type:
-
Style:
-
MLS Size:
-
Lot front:
38.1 M
Lot depth:
62.48 M
Listed on:
Jan 31, 2024
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