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$400,000
Available - For Sale
Listing ID: X12025655
This vacant parcel prime for multi-storey residential development. Comprises 0.17 acres, to be sold together with the adjacent PIN084560291 Wharncliffe Road S. & 19 Highview Avenue W properties. 19 Highview Avenue W separately owned by 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 multi-storey Venvi Living Retirement Residence. Amenity-rich area, including grocery stores, business centres, car dealerships, golf, parks, regional hospital, restaurants, and retail. Roughly 8 minutes from Downtown London and much more. Subject parcel designated "Neighborhoods". Both subject parcel and 19 Highview Avenue W require rezoning from current R1-9 uses. PIN #084560291 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. 19 Highview Avenue W houses single-family home with 1,564SF of total living space; thus 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 from approval from MMAH is forthcoming.
Price $400,000
Taxes: $1,447.28
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Vacant
Address: 17 Highview Aven West , London South, N6J 2A2, Middlesex
Postal Code: N6J 2A2
Province/State: Middlesex
Legal Description: PT LT 22 PL 716, PT 3 33R1139 LONDON/WES
Directions/Cross Streets: Wharncliffe Road S & Highview Avenue W
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Designated
Total Area: .17
Total Area Code:  Acres
Maintenance: 0
Sewers: Sanitary+Storm
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ROYAL LEPAGE REAL ESTATE SERVICES LTD.

17 Highview Aven West , London South, N6J 2A2, Middlesex


 
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Type: Com - Land
Area: Middlesex
Municipality: London South
Neighbourhood: South O
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Lot Size: x 149.00(Metres)
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Tax: $1,447.28
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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