80 BASE LINE ROAD W, London South, Ontario
$800,000
- 4 Beds
- 4 Baths
Opportunity knocks. Currently configured as four units converted from a single-family home and zoned R9-7, this property offers exceptional redevelopment and value-add potential. This prime multi-residential development site presents a rare and flexible acquisition opportunity for qualified buyers. The half-acre site 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, while the existing tenancy provides interim income to help offset holding costs. Ideally located steps from Wortley Village in London, the property benefits from excellent access to transit, shops, restaurants, and green space, making it highly attractive to future renters. Existing zoning permits up to 12 storeys with potential for additional density through underground parking, and there is also the ability to develop 10-plex buildings depending on the buyer's strategy. This property must be sold together with the neighbouring bungalow at 82 Baseline Road, creating a larger development assembly and enhancing overall redevelopment potential, making this a rare near-turnkey opportunity in a high-demand location with multiple exit strategies. (id:50212)
- Listing ID: X12861692
- Property Type: Multi-family
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 80 BASE LINE ROAD W in London South Ontario. It was last modified on March 9th, 2026. Contact The TanTeam to schedule a viewing or to discover other London South real estate for sale.