
London East, ON N6A 1P6
Prime downtown corner development site. This 7,104 sq. ft. parcel at 162-164 Mill Street offers exceptional redevelopment potential in one of London's most desirable urban growth areas. The property currently contains a semi-detached dwelling and is ideally positioned for future intensification, with potential for a 10-12 unit residential development (buyer to verify all zoning, planning, and approval requirements). Strong surrounding rental demand, and a location that is walking distance to restaurants, shops, entertainment, and the downtown core make this a compelling opportunity for investors and developers alike. A rare chance to secure a high-potential development site in the heart of London's rapidly evolving downtown.
TRREB MLS® Attribution
MLS® X13417756
Listed by RE/MAX ADVANTAGE REALTY LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$7,300
/month · $1,196,000 mortgage
Amortization
Total Interest
$994,085
Total Cost
$2,190,085
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX ADVANTAGE REALTY LTD.