London, ON N5W 4W6,442 THIRD ST

$650,000

Est. payment /mo

$749,000

13.2%
Est.Price: ?

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442 THIRD ST London, ON N5W 4W6

SOLD DATE : 12/18/2023

Key Details

Sold Price $650,000

Property Type Vacant Land

Sub Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision East H

MLS Listing ID X10450564

Sold Date 12/18/23

Annual Tax Amount $2,000

Tax Year 2022

Property Sub-Type Vacant Land

Property Description

Land rezoned for Six Townhouses! Zoned R6-5 Half An Acre Flat Land (19,838 SF) in Close Proximity to Fanshawe College, North American Trade School, Victoria Children's Hospital, Shopping, Several Schools (Walking Distance) and Close to Western University. The Land Backs onto Mildred Barons Park. Very Functional Design. Proposed Use Consists of 6 Freehold Townhouses, 5 Bedroom + 5 Full Bathrooms Each. Total of 30 Bedrooms and 30 Full Bathrooms! Open Concept Great Room, Kitchen with an Island, Large Laundry Room and Walk Out to Covered Porch. Two Townhouses Each of 2759 Square Feet Living Space on Three Floors Each, and Four Townhouses Each of 2137 Square Feet Each. 12 Parking Spaces, 1 Visitor Space, 1 Barrier Free Space and 6 Bike Parking Spaces. THIRTY BEDROOMS + THIRTY FULL BATHROOMS. Terrific Rental Opportunity and Turn Key Investment to Market to Fund Managers When Built. Sending your kids to Fanshawe College? Why rent? Build them 6 great townhouses and teach them how to be a landlord! This will give them an education like no other. Plans, surveys, studies, designs available upon request.

Location

Province ON

County Middlesex

Community East H

Area Middlesex

Zoning R6-5

Rooms

Kitchen 0

Exterior

Pool None

Lot Frontage 69.0

Lot Depth 312.0

Exposure East

Building

New Construction false

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Listed by RE/MAX Realty Specialists Inc., Brokerage
agent

Jason DeLuca

Broker

+1(416) 884-9903

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