899 Trafalgar Street London, Ontario N5Z 1G1
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$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. Get into creative developer mode and put up an up-to-code convertible single-family home plus tiny/modular home combination! (The City allows up to four total separate units on a residential property where the zoning permits single detached dwellings, semi-detached dwellings, or street townhouse dwellings). This parcel is textbook 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:58072)
Property Details
| MLS® Number | X9233427 |
| Property Type | Vacant Land |
| Community Name | East L |
| AmenitiesNearBy | Public Transit, Schools |
| CommunityFeatures | Community Centre |
Building
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Public Transit, Schools |
| Sewer | Sanitary Sewer |
| SizeDepth | 98 Ft |
| SizeFrontage | 29 Ft |
| SizeIrregular | 29.61 X 98.22 Ft |
| SizeTotalText | 29.61 X 98.22 Ft|under 1/2 Acre |
| ZoningDescription | R2-2 |
Utilities
| Cable | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/27236348/899-trafalgar-street-london-east-l
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
August 01 2024 02:21:28
London and St. Thomas Association of REALTORS®
Century 21 First Canadian Corp., Brokerage