$199,900
This parcel of land offers an ideal canvas for Developer-Minded Visionaries looking to capitalize on the City's ambitious housing initiatives and expansion efforts. In alignment with the City of London's objective to accelerate the housing supply and facilitate the construction of 47,000 new homes by 2031, this property offers significant development potential. The lot is well situated in an established neighborhood, close to amenities, schools and public transportation. It presents a versatile development opportunity where zoning (R2-2) permits duplexes and tandem semi-detached dwellings. This parcel offers possibilities for developers or anyone seeking to leverage the City's supportive stance on increasing housing density and urban growth. It presents a viable investment for those looking to capitalize on the evolving housing market dynamics in London. (id:59646)
Property Details
MLS® Number
|
X9233427 |
Property Type
|
Vacant Land |
Community Name
|
East L |
Amenities Near By
|
Public Transit, Schools |
Community Features
|
Community Centre |
Building
Utility Water
|
Municipal Water |
Land
Acreage
|
No |
Land Amenities
|
Public Transit, Schools |
Sewer
|
Sanitary Sewer |
Size Depth
|
98 Ft ,2 In |
Size Frontage
|
29 Ft ,7 In |
Size Irregular
|
29.61 X 98.22 Ft |
Size Total Text
|
29.61 X 98.22 Ft|under 1/2 Acre |
Zoning Description
|
R2-2 |
Utilities
Cable
|
Available |
Sewer
|
Available |
https://www.realtor.ca/real-estate/27236348/899-trafalgar-street-london-east-l