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.
PART OF LOTS 15 & 16, PLAN 163 DESIGNATED AS PART 2, PLAN 33R-18565 CITY OF LONDON
Parcel of Tied Land
N
Possession Date
Immediate
Taxes (2024)
$424.74
Directions/Cross Streets
Smith and Trafalgar
Neighbourhood
East L
Area
Middlesex
Price History
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Detailed Information
Fronting On
S
Property Features
Public Transit, Rec Centre, School
Waterfront
None
Special Designations
Unknown
Lot
29.61 x 98.22 ft
Acreage
<.50
Sewers
Sewers
Utilities-Hydro
A
Utilities-Gas
A
Utilities-Cable
A
Utilities-Telephone
A
Water
Municipal
Zoning
R2-2
Seller Property Info Statement
Y
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