London, N5X 4B1
$1,199,999$000000
Listed by CENTURY 21 FIRST CANADIAN CORP..
ATTENTION DEVELOPERS AND INVESTORS! THIS IS THE ONE THAT YOU HAVE BEEN WAITING FOR!! Prime land development opportunity within the city limits and urban growth boundary. A well appointed 0.59 acre property (125 ft. x 205 ft.) situated on Sunningdale Rd. E. adjacent to the sought after Stoney Creek neighbourhood and an existing medium density development by the popular Rembrandt Homes. This prime infill opportunity encourages the development of underused land in an existing urban area to increase density & place new development near all popular London North conveniences. Numerous similar development projects have been completed within close proximity. R1-14 zoning allows for a variety of permitted uses. BONUS sprawling 2+2 bedroom, 1.5 bathroom ranch is currently situated on the property, perfect for potential rental income while awaiting rezoning and site plan approval. Updates include furnace, central air, roof, vinyl replacement windows and electrical panel.
Located close to all amenities including shopping, restaurants, great schools, playgrounds, Mother Teresa Catholic Secondary School, Stoney Creek Community Centre, YMCA
Living
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Great Rm
Prim Bdrm
2nd Br
Bathroom
Powder Rm
3rd Br
4th Br
Workshop
Workshop
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.
This property has been sold 2 times before. To view this property's sale price history please sign in or register: