17 Highview Av W - Residential LAND FOR SALE


London, ON N6J 2A2 7,405 SF
$400,000 CAD
905-828-1122
17 Highview Av W, London, ON for Sale
$400,000 CAD
Residential LAND - FOR SALE
1/6
7,405 SF

17 Highview Av W
London, ON N6J 2A2


HIGHLIGHTS

  • 0.17-acre lot ideal for multi-storey development
  • High-traffic location near Wharncliffe Rd & major amenities
  • Zoned for residential development with future growth potential

OVERVIEW

This vacant parcel is prime for multi-storey residential development. Comprises 0.17 acres, to be sold together with the adjacent PIN# 084560291 Wharncliffe Road S. & 19 Highview Avenue W properties. 19 Highview Avenue W is separately owned by a third party. All three properties total 0.793 acres. High traffic area (over 34,000 vehicles per day). Along London's Golden Auto Mile (Wharncliffe Rd. S). Just south of Commissioners Rd. W, which carries over 31,000 vehicles per day. Along 3 bus routes and northerly adjacent to a multi-storey Venvi Living Retirement Residence. Amenity-rich area, including grocery stores, business centres, car dealerships, golf, parks, regional hospital, restaurants, and retail. Roughly 8 minutes from Downtown London and much more. Subject parcel is designated "Neighborhoods". Both subject parcel and 19 Highview Avenue W require rezoning from their current R1-9 uses. PIN 084560291 Wharncliffe Road S is zoned for up to 12-storeys. Its 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 will be required for all three properties to ensure that development takes a form compatible with adjacent uses. 19 Highview Avenue W houses a single-family home with 1,564 SF of total living space; thus offering the opportunity for intermediate rental income, prior to redevelopment.

FOR SALE DETAILS

PRICE

$400,000 CAD

PRICE/ACRE

$2,353,005/AC

PRICE/SF

$54 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

393607011010705

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.