This lot in London South is for sale. It has been on the market 28 days, fresher than the London South average of 68 days.

Description

1.25 acres located at the corner of Colonel Talbot Road and Pack Road. Site Plan Approval (SPA) for a 6 storey, 63 unit building. Zoning: R8-4(76) Permitted uses: Apartment buildings; Handicapped person's apartment buildings; Lodging house class 2; Stacked townhousing; Senior citizen apartment buildings; Emergency care establishments; Continuum-of-care facilities. Additional Permitted Uses: Bake shop; Commercial recreation establishment; Convenience store; Food stores; Office, business; Office, service; Office, professional; Personal service establishment; Pharmacy; Retail store; Restaurants. (id:66096)

Property Details

MLS®: X13870444
Property Type: Vacant Land
Zoning: h-18*r8-4(76)
Bathrooms: 0
Lot Size: 285 × 178 ft (1.16 acres)
Frontage: 285 ft
Property Tax: $11,986/yr
Listed: 28 days ago

Services

Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

London South (South V) listings, avg age

68d

List price

$3.21M

Haho

This vacant land in London South (South V) has been listed for 28 days, which is 40 days fresher than the city average of 68. Act while there is still low competition.

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Listed by THRIVE REALTY GROUP INC. · BRADLEY GLEED

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N6P)

This home lists at $3,215,000, about 27.0× the local median household income of $119,000.

Carrying it typically needs a household income of about $628,002 (20% down, 25-yr amortization, stress-tested) — roughly 428% above the area median.

Median household income: $119,000
Population: 10,943
Median age: 40.8
Owner / renter: 78% / 22%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N6P)

$3,215,000

For sale

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Financing

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3510 Colonel Talbot Road, London South (South V) - Vacant Land for Sale