$1,700,000
London East
1154 Hamilton Road, London East (East O), Ontario, N5W1A9
This lot in London East is for sale offering roughly 61,420 sq ft of space.
Being sold under Power of Sale AS IS, WHERE IS. Vacant, unimproved lot in great location in south east quadrant of the City of London, accessible to arterial roads as well as highways, including 401.Lot is approximately 1.5 acres redevelopment site, approved for a total of 34 townhouses, stacked, in sets of 3. The site is designated as "Neighbourhood" under the Official Plan and classified as R5-7 (32) under the Zoning By-Law. A Site Specific Zoning By-Law Amendment was granted to build 3 sets of 3 story stacked townhouse buildings containing a total of 34 dwellings. Full Municipal services available at lot line, including water, sewers, storm, natural gas, hydro, telephone and cable. Great opportunity. Buyer to do own due diligence. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 107 days on market, against an average age of 48 days across the listings currently for sale in this city
This vacant land in London East (East O) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,700,000, about 26.4× the local median household income of $64,500.
Carrying it typically needs a household income of about $332,070 (20% down, 25-yr amortization, stress-tested) — roughly 415% above the area median.
Source: Statistics Canada, 2021 Census (FSA N5W)
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