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London, ON, N6J1V6 • Southcrest • Middlesex County
0.49 acLot
This home is getting attention
Listed 31 days ago · 13 views
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13 views
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31 days on market
Established listing
This home ranks in the top 23% of listings most likely to go under contract soon, based on market activity and demand signals.
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Lot
DEVELOPMENT OPPORTUNITY – PRIME MULTI-RESIDENTIAL SITE An exceptional opportunity to acquire a prime multi-residential development site in one of London’s most desirable neighbourhoods. 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 help offset holding costs, and is located just steps from Wortley Village with convenient 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, presenting a rare near–turnkey development opportunity in a high-demand rental market.
Based on current rates
Est. 6.75% rate · 30yr fixed · $1,280,000 loan
Full calculator →Key facts and listing details
2 categories of property features
Market data and value estimates
London, ON, N6J1V6
1 event
Local context around this listing
London, ON • Middlesex County
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