London South, ON N5J 2A2,19 Highview AVE W
London South, ON N5J 2A2,19 Highview AVE W
London South, ON N5J 2A2,19 Highview AVE W
London South, ON N5J 2A2,19 Highview AVE W
London South, ON N5J 2A2,19 Highview AVE W
London South, ON N5J 2A2,19 Highview AVE W
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$ 3,600,000
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$ 3,600,000
Est. payment | /mo
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Key Details

Property Type Commercial

Sub Type Land

Listing Status Active

Purchase Type For Sale

Subdivision South O

MLS Listing ID X12025690

Annual Tax Amount $3,759

Tax Year 2024

Property Sub-Type Land

Property Description

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 single-family home with 1,564 SF of total living space; thus opportunity for intermediate rental income, prior to redevelopment. Record of Pre-Application Consultation with City of London now available for review, subject to NDA being signed.

Location

Province ON

County Middlesex

Community South O

Area Middlesex

Exterior

Utilities Available Available

Lot Frontage 50.0

Lot Depth 148.0

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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19 Highview AVE W