DEVELOPMENT OPPORTUNITY – PRIME MULTI-RESIDENTIAL SITE!
An exceptional investment opportunity in one of London’s most sought-after neighborhoods! This half-acre site has been rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase without the challenges of rezoning. The property is currently tenanted, providing immediate cash flow to help offset holding costs during the SPA process.
Located near Wortley Village, one of London’s most vibrant and desirable communities, this site is highly appealing to future tenants. Its proximity to shops, dining, parks, and transit ensures strong rental demand and long-term growth potential.
Additionally, the current zoning permits up to 12 storeys, with the potential to further increase density if underground parking is incorporated (buyer to conduct due diligence).
This is a rare, turnkey development opportunity in a prime location. With growing demand for rental housing and limited supply, this project is strategically positioned for strong returns.
The seller is willing to partner through a joint venture and is open to exploring flexible financing solutions.
Don’t miss your chance to capitalize on this incredible investment.More details
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
This charming bungalow at 49 Vardon Avenue features a separate entrance to the lower level, making it ideal for investors looking to convert it into a legal duplex or for larger families seeking a multi-generational living arrangement. With over 1,700 sq. ft. of finished living space, this home is packed with upgrades and features an in-law suite. Situated on a 57’ x 110’ lot, it offers a rare double drive-through garage with newer doors and a wide concrete driveway (2021) that fits up to six cars. The updated kitchen boasts Quartz countertops, stainless steel appliances (2022/2023), and access to a fully fenced backyard with a covered patio. The bright main floor includes a spacious living and dining area, three well-sized bedrooms, a modern 4-piece bath, California shutters (2022), and updated pot lighting on both levels (2022). The lower level, with its own private entrance, adds versatility, featuring a cozy rec room with a gas fireplace, a kitchenette, a den, and a 3-piece bath. Additional updates, including a newer furnace and AC (2022) and roof (2021), provide comfort and peace of mind. Conveniently located near schools, parks, shopping, and public transit, this move-in-ready home is a fantastic choice for families and commuters alike!More details
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
Introducing the Lily Model, an executive townhome in the sought-after Saginaw Woods community that perfectly blends style, space, and convenience. Offering over 2,200 sq.ft of beautifully finished living space with bullnose corners throughout, this meticulously maintained home features 3 spacious bedrooms, including a primary suite with a large walk-in closet and private ensuite, along with 3 full bathrooms and a powder room. The upgraded kitchen boasts quartz countertops, an extended island, and high-end finishes, flowing into an open-concept living and dining area with a flexible "flex" space currently used as an office. A professionally finished basement adds even more versatility, whether you need a rec room, guest suite, or home gym. Step outside to your private terrace with a natural gas BBQ hookup. Ideal for relaxing or entertaining. With dual entry from both the garage/driveway and Saginaw Parkway, and located minutes from Hwy 401, top-rated schools, shopping, and dining, this home truly checks all the boxes.More details
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2
A Rare Find in Laurentian Hills! Fabulous 4-Level Backsplit! Welcome to this charming 3-bedroom backsplit located in the peaceful Laurentian area. Step inside to discover a spacious living area, featuring brand-new luxury flooring throughout. Natural light pours through the large windows, creating a bright, inviting atmosphere perfect for relaxing in comfort. The adjacent kitchen is fully updated with modern finishes, including new appliances and an induction stove that makes meal preparation a breeze. The kitchen offers ample counter space and storage, perfectly blending functionality with style. The upper level houses three generously sized bedrooms, each with large windows, offering a serene retreat for rest and relaxation. A versatile mid-level space awaits just below, perfect for transforming into a cozy family room, home office, or even a fourth bedroom. With a built-in bar, fireplace, and the potential to convert into an in-law suite, the possibilities for entertaining and living are endless. The lower level offers additional living space along with a convenient laundry room and extra storage options. Located close to parks, schools, shopping, and dining, this home ensures that all your day-to-day needs are within reach. Don't miss the chance to make this exceptional property your own. Schedule a showing today and experience comfortable and stylish living in Laurentian Hills!More details
Listed by RE/MAX TWIN CITY REALTY INC. BROKERAGE-2