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3975 Stewart Av

1.83 Acres of Residential Land Offered at $4,495,000 CAD in London, ON N6L 1G9

Investment Highlights

  • CBRE Limited is pleased to offer for sale 3975 Stewart Avenue, a 1.83 acre parcel of high density residential development land
  • The Site is located in the new Middleton Neighbourhood in South London

Executive Summary

CBRE Limited is pleased to offer for sale 3975 Stewart Avenue, a 1.83 acre parcel of high density residential development land located at the corner of Exeter Road and Stewart Avenue in South London, Ontario. The Property is Site Plan Approved for 121 Units and the Seller's conceptual plan included an 9-storey building. Municipal services, including water, storm and sanitary services are available. The Site is located in the new Middleton Neighbourhood in South London. This is a rapidly expanding area with a surrounding mix of single family homes and medium density townhouses. Continued growth is anticipated to both the east and west of the Property, with large parcels of land having been purchased or under a draft plan approval process. A number of retail, service and convenience amenities are located a short distance of away at Westwood & Wonderland Power Centres at Wonderland Road South and Southdale Road West. Legal Continued: Subject to an easement in favour of Rogers Communications, Inc. as in ER1371784 Subject to an easement over Part 3, Plan 33R21143 in favour of Part 1, Plan 33R21143 as in ER1493364 City of London

Property Facts

Price $4,495,000 CAD
Sale Type Investment
Sale Conditions Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 1.83 AC

1 Lot Available

Lot

Price $4,495,000 CAD
Price Per AC $2,456,284 CAD
Lot Size 1.83 AC

CBRE Limited is pleased to offer for sale 3975 Stewart Avenue, a 1.83 acre parcel of high density residential development land located at the corner of Exeter Road and Stewart Avenue in South London, Ontario. The Property is Site Plan Approved for 12

Description

1.83 acre parcel of high density residential development land located at the corner of Exeter Road and Stewart Avenue in South London, Ontario. The Property is Site Plan Approved for 121 Units and the Seller's conceptual plan included an 9-storey building.

zoning

Zoning Code R5-4 (Residential)
R5-4 (Residential)
  • Listing ID: 31714112

  • Date on Market: 2024-05-06

  • Last Updated:

  • Address: 3975 Stewart Av, London, ON N6L 1G9

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