80 BASE LINE Rd W, London, ON N6J1V2
Sign in to view any offers or make an offer. View property features, location on map, relevant school information and overview from seller's agent.
- 0
- 0
Overview
Opportunity knocks. Currently configured as four units converted from a single-family home and zoned R9-7, this property offers exceptional redevelopment and value-add potential. This prime multi-residential development site presents a rare and flexible acquisition opportunity for qualified buyers. The half-acre site 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, while the existing tenancy provides interim income to help offset holding costs. Ideally located steps from Wortley Village in London, the property benefits from excellent 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, and there is also the ability to develop 10-plex buildings depending on the buyer’s strategy. This property must be sold together with the neighbouring bungalow at 82 Baseline Road, creating a larger development assembly and enhancing overall redevelopment potential, making this a rare near-turnkey opportunity in a high-demand location with multiple exit strategies. (id:58180)
Location
Full feature list
Basic info
- Property type
- Multi-family
- Number of stories
- 2
- Year built
- 1955
Interior features
- Basement
- Yes
Utilities
- Heating
- Natural Gas, Forced Air
Taxes
- Tax Annual Amount
- $4,141
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: Canadian Real Estate Association MLS®#: 40809312 Last checked: …
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy. The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, 'screen scraping', 'database scraping', and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website. This listing content is operated by REALTOR® members of The Canadian Real Estate Association. REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.