19 Highview Av W - Residential LAND FOR SALE


London, ON N5J 2A2 7,405 SF
$3,600,000 CAD
905-828-1122
19 Highview Av W, London, ON for Sale
$3,600,000 CAD
Residential LAND - FOR SALE
1/6
7,405 SF

19 Highview Av W
London, ON N5J 2A2


OVERVIEW

This property prime for multi-storey residential redevelopment. Comprises 0.17 acres, to be sold together with easterly vacant 17 Highview Avenue W and PIN084560291 Wharncliffe Road S Parcels, which are separately listed for sale by third party. All three properties total 0.793 acres. High traffic area (over 34,000 Vehicles per Day), along Wharncliffe Road S. Adjacent to London's Golden Auto Mile (Wharncliffe Rd. S.), Just South of Commissioners Rd., W., which carries over 31,000 vehicles per day. Adjacent to 3 bus routes and multi-storey Venvi Living Retirement Residence. Amenity-rich area, including grocery stores, business centres, car dealerships, golf, parks, regional hospital, restaurants, and retail. 8 mins from Downtown London and much more. Subject property designed "Neighbourhoods". Both subject and 17 Highview and Avenue W require rezoning from current R1-9 uses. PIN084560291 Wharncliffe Road S. zoned for 40 metres of building height. Permitted uses include apartment buildings, lodging house class 2, Senior Citizens apartment buildings, handicapped persons apartment buildings, and continuum-of-care facilities. Public site plan review required for all three properties to ensure that development takes form compatible with adjacent uses. Subject property houses singlefamily home with 1,564 SF of total living space; thus opportunity for intermediate rental income, prior to redevelopment. Record of PreApplication Consultation with City of London now available for review, subject to NDA being signed.

FOR SALE DETAILS

PRICE

$3,600,000 CAD

PRICE/ACRE

$21,177,043/AC

PRICE/SF

$486 CAD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Apartment Units

LAND ACRES

0.17 AC

LAND SF

7,405 SF

OFFSITE IMPROVEMENTS

-

ZONING

R1-9

APN/PARCEL ID

393607011010703

ASK ABOUT THIS PROPERTY

Justin PompiliiRoyal LePage Real Estate Services LtdMore Info
905-828-1122

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Justin PompiliiRoyal LePage Real Estate Services LtdMore Info
905-828-1122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.