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$600,000
Available - For Sale
Listing ID: X12025685
0 Wharncliffe Road South , London South, N6J 2A2, Middlesex


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 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. 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. Retained consultant has now submitted Proposal Summary for Pre-Application Consultation to set development parameters for all three properties in principle with Municipality. London Plan Place Type boundary interpretation policy could allow all three properties to be considered under Urban Corridors Place Type. 15 storeys could be permitted based on Municipal Council approved amendment to London Plan. Final Provincial approval from MMAH is forthcoming.
Price $600,000
Taxes: $8823.78
Tax Type: Annual
Assessment Year: 2025
Occupancy: Vacant
Address: 0 Wharncliffe Road South , London South, N6J 2A2, Middlesex
Postal Code: N6J 2A2
Province/State: Middlesex
Legal Description: LT 22 PL 716; EXCEPT PTS 1, 2 & 3 33R113
Directions/Cross Streets: Wharncliffe Road S & Highview Avenue W.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Designated
Total Area: 0.45
Total Area Code:  Acres
Washrooms: 0
Sewers: Sanitary+Storm
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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ROYAL LEPAGE REAL ESTATE SERVICES LTD.
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Wally Islam
Real Estate Broker
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At a Glance:
Type: Com - Land
Area: Middlesex
Municipality: London South
Neighbourhood: South F
Style:
Lot Size: x 149.00(Acres)
Approximate Age:
Tax: $8,823.78
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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