For Sale

0 Wharncliffe Road, London South, Ontario N6J 2A2

$0

0 Wharncliffe Road, London South, Ontario N6J 2A2 is For Sale and has a listing price of 600,000. The property is located in the London South . It's been on the website for 131 Days.

  • Land
    Property Type
  • MLS ID: X12025685
  • Office Name ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Property Description

This vacant parcel is prime for high-rise residential development. Comprises 0.453 acres, to be sold together with the westerly 17 & 19 Highview Avenue W properties. 19 Highview Avenue W is separately owned by a 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 a multi-storey Venvi Living Retirement Residence. Amenity-rich area, including grocery stores, business centres, car dealerships, gold, parks, regional hospital, restaurants, and retail. Roughly 8 minutes from Downtown London and much more. Subject parcel is designated “Urban Corridors” and 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. 17 & 19 Highview Avenue W. require rezoning from their current R1-9 uses. Public site plan review will be required for all three properties to ensure that development takes a form compatible with adjacent uses. 19 Highview Avenue W houses a single-family home with 1,564 SF of total living space; thus offering the opportunity for intermediate rental income, prior to redevelopment. Record of Pre-Application Consultation with City of London now available for review, subject to NDA being signed.

Property Details
  • MLS ID: X12025685
  • Price: $600,000
  • Lot Depth: 149
  • Transaction Types: For Sale
  • Ref ID: X12025685
  • Year Built: N/A
  • Dir / Cross St: Wharncliffe Road S & Highview Avenue W.
  • Status: Active
  • Tax Year: 2024
  • Property Type: Land
  • Property Type: Commercial
  • Property Sub Category: Vacant land
Price History
List Date MLS ID List Price Status End Date Closed Price
03/18/2025 X12025685 $600,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
London South
  • $839,414 Average List Price
    based on 1 year
  • 321 New Listings
    based on 30 days
  • 58 Median Days on Market
    based on 1 year
  • List vs. Selling Price 191.28 % Up
  • Sold (12mo) 613
  • Rented (12mo) 139

  • 1 Month Change -23.9%
  • 3 Month Change -25.5%
  • 6 Month Change -58.4%
Walkscore
Additional Details
  • Taxes: $8,824
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 18/03/2025 14:27:19
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