Size
-
Lot size
-
Street frontage
-
Possession
2025-09-30
Price per sqft
-
Taxes
$8,999 (2024)
Parking Type
-
Style
2-Storey
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Description
DEVELOPMENT OPPORTUNITY PRIME MULTI-RESIDENTIAL SITE! SELLER OPEN TO A JOINT VENTURE AND WILLING TO OFFER A VENDOR TAKE-BACK (VTB) MORTGAGE- An exceptional opportunity for qualified buyers seeking flexibility and partnership. Prime multi-residential development site in one of London's most desirable neighborhoods! 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 offset holding costs. Located just steps from vibrant Wortley Village, with access to transit, shops, restaurants, and green space, this location is highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking (Buyer responsible for due diligence). A rare turnkey development project in a high-demand area with flexible deal structure options.
Broker: RE/MAX TWIN CITY REALTY INC.
MLS®#: X12365350
Property details
Parking:
No
Parking type:
-
Property type:
Multiplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
0-700 sqft
Lot front:
150 Ft
Lot depth:
143 Ft
Listed on:
Aug 26, 2025
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Instant estimate:
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$116,209
higher than listed pricei
High
$2,039,317
Mid
$1,916,209
Low
$1,864,081
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