1553 HYDE PARK Rd, London MLS Number: X8286268
North I, London, Middlesex, ON, N6H 5L5$3,675,000
Status: OFF MARKET
- Property Type: Commercial (Land)
- Property Taxes : $15710.48 (Tax Year:2023)
- Listing Courtesy : Gleed Inc.
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$3,675,000
Status: OFF MARKET
Executive development opportunity on Hyde Park and Gainsborough with driveway access off Hyde Park Road. Designated as a "Main Street" in the London Plan, development along Hyde Park Road encourages commercial and residential repurposing, intensification and infill. the "inward and upward" philosophy of The London Pan compliments the proposed 6-storey mixed-use building containing 70 residential units and a ground floor area of 8,900 sq ft for commercial use. Developments in the immediate area include single family, mid-rise and high-rise residential uses along with mixed-use buildings. Municipal services are available for the proposed development. Traffic volumes of 32,000 daily, on major public transit route and access to bike lanes on both side of the road. Lot frontage of approximately 180 ft and depth of 236 ft. Many commercial uses included in the broad BDC 1 and 2 zoning. Owner/tenant willing to lease-back until existing structures are ready for demolition.
Property Type | :Commercial |
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MLS Number | :X8286268 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :17 Jun, 2024 (193 Days ago) |
Source | :TRREB |
Area | :Middlesex |
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Postal Code | : N6H 5L5 |
Price | : $3,675,000 |
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Property Taxes | :$15710.48 |
Tax Year | :2023 |
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Cross Street | :Gainsborough |
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17 Jun, 2024
TREB #X8286268
Available
$3675000.0
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