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About the Listing CA724 - CA7435
Opportunity knocks. Currently configured as four units converted from a single-family home and zoned R9-7, this property offers exceptional redevelopment and value-add potential. This prime multi-residential development site presents a rare and flexible acquisition opportunity for qualified buyers. The half-acre site 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, while the existing tenancy provides interim income to help offset holding costs. Ideally located steps from Wortley Village in London, the property benefits from excellent access to transit, shops, restaurants, and green space, making it highly attractive to future renters. Existing zoning permits up to 12 storeys with potential for additional density through underground parking, and there is also the ability to develop 10-plex buildings depending on the buyer’s strategy. This property must be sold together with the neighbouring bungalow at 82 Baseline Road, creating a larger development assembly and enhancing overall redevelopment potential, making this a rare near-turnkey opportunity in a high-demand location with multiple exit strategies.
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2450
- Below Ground Sq Ft: n/a
- Basement: Partial,Unfinished
- Other:
- Water: Municipal
Exterior Details
- Lot Description: Rectangular,City Lot,Near Golf Course,Highway Access,Hospital,Library,Open Spaces,Park,Place of Worship,Playground Nearby,Public Transit,Quiet Area,School Bus Route,Schools,Shopping Nearby
- Garage Capacity: 1 car
- Parking Spaces: 5
- Lot Dimensions: 75 x 142.34
- Zoning: R9-7
- Roof: Asphalt Shing
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Private Drive Double Wide,Attached Garage,Gravel
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 083970013
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
80 Base Line Rd W London, ON N6J 1V2
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