| Property TypeVacant Land |
|
This parcel of land offers an ideal canvas for Developer-Minded Visionaries looking to capitalize on the City's ambitious housing initiatives and expansion efforts. In alignment with the City of London's objective to accelerate the housing supply and facilitate the construction of 47,000 new homes by 2031, this property offers significant development potential. The lot is well situated in an established neighborhood, close to amenities, schools and public transportation. It presents a versatile development opportunity where zoning (R2-2) permits duplexes and tandem semi-detached dwellings. Get into creative developer mode and put up an up-to-code convertible single-family home plus tiny/modular home combination! (The City allows up to four total separate units on a residential property where the zoning permits single detached dwellings, semi-detached dwellings, or street townhouse dwellings). This parcel is textbook for developers or anyone seeking to leverage the City's supportive stance on increasing housing density and urban growth. It presents a viable investment for those looking to capitalize on the evolving housing market dynamics in London. (id:15271) |
| Amenities NearbyPublic Transit, Schools | Community FeaturesCommunity Centre |
| TransactionFor sale | Zoning DescriptionR2-2 |
| Bathrooms (Total)0 | Utility WaterMunicipal water |
| Size Frontage29 ft | AmenitiesPublic Transit, Schools |
| SewerSanitary sewer | Size Depth98 ft |
| Size Irregular29.61 x 98.22 FT |
Listing Office: CENTURY 21 FIRST CANADIAN CORP
Data Provided by London and St. Thomas Association of REALTORS®
Last Modified :01/08/2024 10:21:28 AM
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