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0 WHARNCLIFFE ROAD S
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0 WHARNCLIFFE ROAD S $600,000
2 days ago
$600,000
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0 WHARNCLIFFE ROAD S
London, Ontario N6J2A2

MLS® Number: X12025685

Listing Description

This vacant parcel is prime for high-rise residential development. Comprises 0.453 acres, to be sold together with the westerly 17 & 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, gold, parks, regional hospital, restaurants, and retail. Roughly 8 minutes from Downtown London and much more. Subject parcel is designated "Urban Corridors" and zoned for up to 12-storeys. Permitted uses include apartment buildings, lodging house class 2, senior citizens apartment buildings, handicapped persons apartment buildings, and continuum-of-care facilities. 17 & 19 Highview Avenue W. require rezoning from their current R1-9 uses. 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. (40064577)

Location Description

Wharncliffe Road S & Highview Avenue W.

Property Summary

Property Type
Vacant Land
Community Name
North E
Land Size
138.83 ac
Annual Property Taxes
$8,823.78
Time on REALTOR.ca
2 days

Building

Building Features
Features
Irregular lot size
Utilities
Water
Municipal water

Land

Other Property Information
Zoning Description
R9 -7 (H40), h-101
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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