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475 Grey St 0.92 Acres of Residential Land Offered at $2,495,000 CAD in London, ON N6B 1H4
Investment Highlights
- Highly Visible location!
- Permitted uses include apartment complexes, stacked townhouses, and care facilities.
- Residential development site of 0.927 acres with zoning for high-density uses.
- Fully serviced, shovel-ready lot with approved planning and design studies.
Executive Summary
Property Facts
| Price | $2,495,000 CAD | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.92 AC |
| Property Type | Land | ||
| Zoning | R8-4(70) - Zoned and approved for 36 units. | ||
| Price | $2,495,000 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.92 AC |
| Zoning | R8-4(70) - Zoned and approved for 36 units. |
1 Lot Available
Lot
| Price | $2,495,000 CAD | Lot Size | 0.92 AC |
| Price Per AC | $2,711,956.52 CAD |
| Price | $2,495,000 CAD |
| Price Per AC | $2,711,956.52 CAD |
| Lot Size | 0.92 AC |
The rectangular shaped subject lands have a frontage of approximately 34.3 meters (112 feet) along Grey Street and 86.9 meters (285.3 ft) along Maitland Street, and a site area of approximately 0.375 hectares.
Description
The subject property, municipally known as 475 Grey Street, London, Ontario, consists of a 0.927-acre site at Grey Street and Maitland Street. Current zoning is R8-4, allowing for multifamily residential and special housing uses. The site is rectangular with frontage on two streets. Reports addressing planning, servicing, noise, vibration, and landscape have been prepared to support development.
Presented by
475 Grey St
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