656 Huron Street,London East (East A), ON N5Y4J8
London East (East A), ON N5Y4J8
Description
Rare opportunity to acquire a shovel-ready infill development site at 656 Huron Street in London, Ontario. Recently rezoned to R6-5, this fully serviced lot offers approvals in place for a 5 unit townhome development, with flexibility for alternative residential forms including stacked townhomes or a 4 unit apartment-style building. Extensive due diligence and planning work has already been completed, including architectural drawings, environmental reports, and servicing and engineering review, providing a clear and efficient path toward development. This significantly reduces the time, cost, and uncertainty typically associated with the development process. Additional value includes development charge savings of $50,000+ from the previous dwelling, along with potential end-user rebate advantages under current programs. Situated in a high-exposure corridor with excellent proximity to downtown, Fanshawe College and King's University College, as well as transit and major amenities, this property presents a compelling opportunity for builders and developers seeking a de-risked project with immediate potential. A true value-add offering where the groundwork has been completed, allowing the next owner to focus on execution and delivery. (id:374)
Details
| MLS # | X13536938 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 78 |
| Listing Provided By | COLDWELL BANKER POWER REALTY | CALUM ANGUS |
Features
| SQ Feet | 10,000 |
|---|---|
| Zoning | RO1 |
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| Province | ON |
|---|---|
| City | London East (East A) |
| Postal Code | N5Y4J8 |
| Listing VS Median (in N5Y4J8) | |
Price: $429,900 low | high Med: $429,900 sqft: 10,000 low | high Med: 10,000 $ / sqft: $43 low | high Med: $43 On site: 78 low | high Med: 78 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | London East (East A) |
| Postal Code | N5Y4J8 |
| Listing VS Median (in N5Y4J8) | |
Price: $429,900 low | high Med: $429,900 sqft: 10,000 low | high Med: 10,000 $ / sqft: $43 low | high Med: $43 On site: 78 low | high Med: 78 | |