19 Highview Avenue Image 1

$3,600,000

Mar 18Land For Sale
bedroomsbed
washrooms0bath
MLS - #X12025690

19 Highview Avenue, London, ON N5J 2A2

0
Similar Homes Found
$0
Average Price
360000000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Property Description

Property type

Land

Lot size

N/A

Style

Approx. Area

N/A

About 19 Highview Avenue

This property is prime for multi-storey residential redevelopment. Comprises O.17 acres, to be sold together with the easterly two vacant 17 Highview Avenue W and Pin#084560291 Wharncliffe Road S Parcels, which are separately listed for sale by a third party. All three properties total 0.793 acres. High traffic area (over 34,000 Vehicles per Day), along Wharncliffe Road S. Adjacent to London's Golden Auto Mile (Wharncliffe Rd. S.), Just South of Commissioners Rd., W., which carries over 31,000 vehicles per day. Adjacent to 3 bus routes and a multi-storey Venvi Living Retirement Residence. Amenity-rich area, including grocery stores, business centres, car dealerships, golf, parks, regional hospital, restaurants, and retail. Roughly a minute from Downtown London and much more. Subject property is designed "Neighbourhoods". Both subject and 17 Highview and Avenue W require rezoning from their current R1-9 uses. PIN #084560291 Wharncliffe Road S. is zoned for up to 12-storeys. Its permitted uses include apartment buildings, lodging house class 2, Senior Citizens apartment buildings, handicapped persons apartment buildings, and continuum-of-care facilities. Public site plan review will be required for all three properties to ensure that development takes a form compatible with adjacent uses. Subject property houses a single-family home with 1,564 SF of total living space; thus offering the opportunity for intermediate rental income, prior to redevelopment.

Home Overview

Last updated

Mar 18

Virtual tour

None

Basement information

Building size

0.17

Status

In-Active

Property sub type

Land

Maintenance fee

$N/A

Year built

2024

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Additional Details

Basement:N/A
Cooling:N/A
Heating:N/A
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$13749.56/ month
$2,880,000 Principal and Interest
$3,456,000 Property Taxes

Location

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