London, ON N6J 2A2,19 Highview Avenue W
London, ON N6J 2A2,19 Highview Avenue W
London, ON N6J 2A2,19 Highview Avenue W
London, ON N6J 2A2,19 Highview Avenue W
London, ON N6J 2A2,19 Highview Avenue W
London, ON N6J 2A2,19 Highview Avenue W
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$ 3,600,000
Est. payment | /mo

7,405 Sqft Lot


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$ 3,600,000
Est. payment | /mo
Save

7,405 Sqft Lot

Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40708360

Annual Tax Amount $3,759

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Residential

Source Hamilton - Burlington

Property Description

This property prime for multi-storey residential redevelopment. Comprises 0.17 acres, to be sold together with easterly
vacant 17 Highview Avenue W and PIN084560291 Wharncliffe Road S Parcels, which are separately listed for sale by third party. All three properties total 0.793 acres. High traffic area (over 34,000 Vehicles per Day), along Wharncliffe Road S. Adjacent to London's Golden Auto Mile (Wharncliffe Rd. S.), Just South of Commissioners Rd., W., which carries over 31,000 vehicles per day. Adjacent to 3 bus routes and multi-storey Venvi Living Retirement Residence. Amenity-rich area, including grocery stores, business centres, car dealerships, golf, parks, regional hospital, restaurants, and retail. 8 mins from Downtown London and much more. Subject property designed "Neighbourhoods". Both subject and 17 Highview and Avenue W require rezoning from current R1-9 uses. PIN084560291 Wharncliffe Road S. zoned for 40 metres of building height. Permitted uses include apartment buildings, lodging house class 2, Senior Citizens apartment buildings, handicapped persons apartment buildings, and continuum-of-care facilities. Public site plan review required for all three properties to ensure that development takes form compatible with adjacent uses. Subject property houses single-family home with 1,564 SF of total living space; thus opportunity for intermediate rental income, prior to redevelopment. Seller of this property has retained consultant with owner of PIN084560291 Wharncliffe
Road S. & 17 Highview Avenue W. to prepare Proposal Summary for all three properties to be submitted for Pre-Application Consultation to set development parameters in principle with Municipality. London Plan Place Type boundary interpretation policy could allow all three properties to be considered under Urban Corridors Place Type. 15 storeys could be permitted based on Municipal Council approved amendment to London Plan. Final Provincial from approval from MMAH is forthcoming.

Location

State ON

County Middlesex

Area South

Zoning R1-9

Direction Cross Street: Wharncliffe Road S. Located within the southwest quadrant of Wharncliffe Road S. & Highview Avenue W., roughly 400 metres southwest of Commissions Road W.

Rooms

Other Rooms Other

Kitchen 0

Interior

Fireplace No

Exterior

Fence Full

Utilities Available At Lot Line-Gas, At Lot Line-Hydro, At Lot Line-Municipal Water, Natural Gas Connected, Street Lights, Phone Available, Underground Utilities

Lot Frontage 50.0

Garage No

Building

Lot Description Urban, Rectangular, City Lot, High Traffic Area, Hospital, Major Anchor, Public Transit, Schools, Visual Exposure

Faces Cross Street: Wharncliffe Road S. Located within the southwest quadrant of Wharncliffe Road S. & Highview Avenue W., roughly 400 metres southwest of Commissions Road W.

Sewer Sewer (Municipal), Storm

Water Municipal

New Construction No

Others

Senior Community false

Tax ID 084560293

Ownership Freehold/None

Listed by Royal LePage Real Estate Services Ltd.
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19 Highview Avenue W