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$199,900
Status: For Sale
This parcel of land offers an ideal canvas for Developer-Minded Visionaries looking to capitalize on the City's ambitious housing initiatives and expansion efforts. In alignment with the City of London's objective to accelerate the housing supply and facilitate the construction of 47,000 new homes by 2031, this property offers significant development potential. The lot is well situated in an established neighborhood, close to amenities, schools and public transportation. It presents a versatile development opportunity where zoning (R2-2) permits duplexes and tandem semi-detached dwellings. This parcel offers possibilities for developers or anyone seeking to leverage the City's supportive stance on increasing housing density and urban growth. It presents a viable investment for those looking to capitalize on the evolving housing market dynamics in London.
Property Type | :Residential |
MLS Number | :X9233427 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :08 Sep, 2024 (8 Days ago) |
Source | :TRREB |
Area | :Middlesex |
Postal Code | : N5Z 1G1 |
Price | : $199,900 |
Property Taxes | :$424.74 |
Tax Year | :2024 |
Place of Worship | :No |
Cross Street | :Smith and Trafalgar |
Bathrooms | :0 |
31 Jul, 2024
TREB #X9233427
Listed
$199900.0