242 Hill Street
London East, ON N6B 1C9
About This Property
A vacant lot with high-rise zoning. An R3 re-zoning could result possibly in usage for a 4-unit building. This lot is located in the SoHo Community Improvement Project (CIP) area. It's also in the Primary Transit Area ( PTA). To the immediate east on two lots construction is well underway on a four storey low-rise building. The R10 zoning in this area is going to encourage more projects like this to happen. One family has owned this lot for many years. Back in the 1960s, a house was removed from this site. Who wants to take on this new project?
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X11955868
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
Mortgage Estimate
Est. Monthly Payment
$3,853
/month · $631,200 mortgage
Amortization
Total Interest
$524,637
Total Cost
$1,155,837
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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RE/MAX ADVANTAGE REALTY LTD.