323 HORTON STREET E, London East (East K), Ontario, N6B1L5
MLS: X12914992 | Vacant Land
$2,495,000
Property Description
Welcome to Horton Flats, a zoning-approved mid-rise development at 323,317, and 313 Horton Street, in the heart of London ON. This project redefines urban living while supporting affordable housing initiatives and sustainable city growth.This 8-story mixed-use development is a strategic and high-potential opportunity for investors, developers, and affordable housing providers looking to capitalize on London's ongoing revitalization efforts. Designed to align with The City of London's Plan of Urban Corridor, Horton Flats is a forward-thinking development that combines innovative growth principles, transit-oriented living, and financial sustainability. A Smart Development in a Strategic Location. Horton Flats features 107 functionally designed residential units, providing efficient and modern living spaces tailored for today's renters. The ground floor includes two commercial spaces, offering the perfect setting for businesses serving the residents and the surrounding community.This prime urban location is ideally positioned on London's Rapid Transit corridor, ensuring seamless connectivity to key city destinations. Additionally, its proximity to CN Rail and major roadways enhances accessibility, making it a desirable site for long-term investment and development success.With the Growing Demand for Affordable Housing, Horton Flats offers a strategic solution that meets community needs and investor goals. This development is potentially eligible for various financial incentives. Don't miss out on this exceptional investment opportunity! Approx $417,000 development charge credit is available due to existing commercial floor area, providing significant upfront cost savings for redevelopment. Contact for more details. (id:64974)
Quick Facts
- Property Type: Vacant Land
- Bedrooms: None
- Bathrooms: None
- Living Area: 1 sq ft (0.1 m²)
- Lot Size: 0.5040 acres (0.2 ha)
- Frontage: 133 ft (40.6 m)
Costs
- Annual Taxes: $26,520.00
Listing Provided by: EXP REALTY
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Exterior & Construction
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Lot Size: 0.5040 acres (0.2 ha)
- Frontage: 133 ft (40.6 m)
- Zoning: BDC(51)ZONE-BUSINESS DISTRICT COMMERCIAL
Community & Neighbourhood
- Neighbourhood: East K
Listing Information
Listing History
MLS listing activity for 323 HORTON STREET E, London East (East K), Ontario, N6B1L5 — dates reflect when changes were recorded in the DDF
🚗 Travel times
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Mortgage & Cost Calculators
Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±5%Match BedroomsYesMatch BathroomsYes
323 HORTON STREET E, London East (East K)
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323 HORTON STREET E, London East (East K), Ontario, N6B1L5