DEVELOPMENT OPPORTUNITY – PRIME MULTI-RESIDENTIAL SITE! SELLER OPEN TO A JOINT VENTURE AND WILLING TO OFFER A VENDOR TAKE-BACK (VTB) MORTGAGE- An exceptional opportunity for qualified buyers seeking flexibility and partnership. Prime multi-residential development site in one of London’s most desirable neighborhoods! This half-acre property 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. The site is currently tenanted, generating interim income to offset holding costs. Located just steps from vibrant Wortley Village, with access to transit, shops, restaurants, and green space, this location is highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking (buyer to verify). A rare turnkey development project in a high-demand area with flexible deal structure options.
Lot/land
C$1
80 & 82 Base Line Rd W, London, ON N6J 1V6
--beds
--baths
0.49Acres
Residential, Unimproved Land
Built in ----
0.49 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 27 days
- on Zillow |
- 79 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 08, 2025 at 02:46pm
Listed by:
Adam Patel, Salesperson,
RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Source: ITSO,MLS®#: 40748762Originating MLS®#: Waterloo Region Association of REALTORS® (WRAR)
Travel times
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Frontage type: North
- Frontage length: 150.00
Lot
- Size: 0.49 Acres
- Dimensions: 150 x 143
- Features: Rural, Public Transit, Schools
Details
- Additional parcels included: 083970012
- Parcel number: 083970013
- Zoning: R9-7
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal-Metered
- Utilities for property: Electricity Available, Natural Gas Available
Community & HOA
Location
- Region: London
Financial & listing details
- Annual tax amount: C$8,999
- Date on market: 7/8/2025
- Electric utility on property: Yes
- Loading