80 & 82 Base Line Road W, London South, ON N6J 1V2
$2,500,000
80 & 82 Base Line Road W, London South, ON N6J 1V2, London South, ON
DEVELOPMENT OPPORTUNITY PRIME MULTI-RESIDENTIAL SITE! SELLER OPEN TO A JOINT VENTURE AND WILLING TO OFFER A VENDOR TAKE-BACK (VTB) MORTGAGE- An exceptional opportunity for qualified buyers seeking flexibility and partnership. Prime multi-residential development site in one of London's most desirable neighborhoods! This half-acre property is fully rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase. The site is currently tenanted, generating interim income to offset holding costs. Located just steps from vibrant Wortley Village, with access to transit, shops, restaurants, and green space, this location is highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking (Buyer responsible for due diligence). A rare turnkey development project in a high-demand area with flexible deal structure options.
Property Highlights
For Sale
MLS NO.
X12365350
Type
Residential Freehold
Sub Type
Multiplex
Garage
Yes
Complete Property Details
Property Type
Residential Freehold
Sub Type
Multiplex
Transaction Type
For Sale
Status
Cancelled
Contract Status
Unavailable
MLS® Number
X12365350
Living Area Range
< 700
Total Bedrooms
0
Bedrooms Above Grade
0
Total Bathrooms
0
Total Kitchens
0
Kitchens Above Grade
0
Rooms Above Grade
0
Interior Features
None
Fireplace
No
Central Vacuum Yn
No
Construction
Brick, Aluminum Siding
Roof
Asphalt Shingle
Lot Width
150.0
Lot Size
0.492
Lot Size Units
Acres
Parking Features
Front Yard Parking
Parking Total
0.0
Covered Spaces
1.0
Garage Type
Attached
Garage
Yes
Pool
None
Direction Facing
North
Cooling
Central Air
Heat Source
Gas
Heat Type
Forced Air
Internet Address Display Yn
Yes
Internet Entire Listing Display Yn
Yes
Full Address
80 & 82 Base Line Road W, London South, ON N6J 1V2
City
London South
Neighbourhood
South E
County / Region
Middlesex
Province / State
ON
Postal Code
N6J 1V2
Cross Street
BASELINE ROAD WEST OF WHARNCLIFFE
Directions
BASELINE ROAD WEST OF WHARNCLIFFE
Country
CA
List Price
$2,500,000
Annual Taxes
$8,999
Tax Year
2024
Legal Description
PLAN 29 PT LOT 6 S/S CENTRE RP 33R9334 PARTS 14 & 15 / PLAN 29 PT LOT 6 S/S CENTRE RP 33R9334 PARTS 11 & 12
Possession Type
Flexible
Listing Office
RE/MAX TWIN CITY REALTY INC.
Board
Toronto Regional Real Estate Board
Original Entry
2025-08-26T20:05:19Z
Media Updated
2025-08-26T20:05:20Z
Photos Updated
2025-08-26T20:05:20Z
Last Modified
2025-09-22T14:26:15Z
System Modified
2025-10-12T11:08:42.696204Z
MLS Status
Terminated
Architectural Style
2-Storey
Basement
Development Potential
Ddfyn
Yes
Expiration Date
2026-01-31
Foundation Details
Poured Concrete
Heat Source Multi
Gas
Heat Type Multi
Forced Air
Hstapplication
Included In
Occupant Type
Tenant
Originating System Id
A00001796
Parcel Number
083970013
Parking Spaces
0
Public Remarks
DEVELOPMENT OPPORTUNITY PRIME MULTI-RESIDENTIAL SITE! SELLER OPEN TO A JOINT VENTURE AND WILLING TO OFFER A VENDOR TAKE-BACK (VTB) MORTGAGE- An exceptional opportunity for qualified buyers seeking flexibility and partnership. Prime multi-residential development site in one of London's most desirable neighborhoods! This half-acre property is fully rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase. The site is currently tenanted, generating interim income to offset holding costs. Located just steps from vibrant Wortley Village, with access to transit, shops, restaurants, and green space, this location is highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking (Buyer responsible for due diligence). A rare turnkey development project in a high-demand area with flexible deal structure options.