17 Highview Avenue W Active

London,ON N6J 2A2

$ 400000

- Bed

- Bath

- SqFt


Key Details

Property Type Single Family Home

Sub Type Residential

Listing Status Active

Purchase Type For Sale

MLS Listing ID 40708325

Annual Tax Amount $1,447

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Residential

Source Hamilton - Burlington

Property Description

This vacant parcel prime for multi-storey residential development. Comprises 0.17 acres, to be sold together with the
adjacent PIN084560291 Wharncliffe Road S. & 19 Highview Avenue W properties. 19 Highview Avenue W separately owned by third party. All three properties total 0.793 acres. High traffic area (over 34,000 vehicles per day). Along London's Golden Auto Mile (Wharncliffe Rd. S). Just south of Commissioners Rd. W, which carries over 31,000 vehicles per day. Along 3 bus routes and northerly adjacent to multi-storey Venvi Living Retirement Residence. Amenity-rich area, including grocery stores, business centres, car dealerships, golf, parks, regional hospital, restaurants, and retail. Roughly 8 minutes from Downtown London and much more. Subject parcel designated "Neighborhoods". Both subject parcel and 19 Highview Avenue W require rezoning from current R1-9 uses. PIN #084560291 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. 19 Highview Avenue W houses single-family home with 1,564SF of total living space; thus opportunity for intermediate rental income, prior to redevelopment. Seller of this vacant parcel and PIN084560291 Wharncliffe Road S. has
retained consultant with owner of 19 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

Province 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 380 Metres southwest of commissioners Road W

Rooms

Kitchen 0

Interior

Fireplace No

Exterior

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

Lot Frontage 50.0

Garage No

Building

Lot Description Urban,Irregular Lot,Business Centre,Corner Lot,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 380 Metres southwest of commissioners Road W

Sewer Sewer (Municipal),Storm

Water Municipal

New Construction No

Others

Senior Community No

Tax ID 084560292

Ownership Freehold/None

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