325 SOUTHDALE ROAD E, London South (South W), Ontario, N6E1A2
MLS: X12754894 | House (Freehold)
$799,900
Property Description
" BUILDERS INVESTERS SPECIAL " 10 STACKED TOWN HOUSES, ZONING READY APPLY FOR PERMIT AND START DIGGING, 325 Southdale Road East For Sale| Bonus; there's a house in there and is generating $2100+ Utilities in income | Approved 10-Unit Stacked Townhouse | CMHC MLI Select Potential Land for sale with approvals for a purpose-built, energy efficient 10unit stacked townhouse development in London's Southdale corridor. Seller can provide a detailed pro forma and assist with structuring for CMHC MLI Select insured takeout on stabilization, including high LTV potential and extended amortization, subject to program criteria and DSCR. Ideal build to hold opportunity with modern layouts, surface parking, and strong rental fundamentals. Contact LA for the full pro forma, architectural set, and CMHC MLI Select guidance. Highlights: Approved 10unit stacked townhouse, 3 stories, family sized floorplans Energy efficient design targeting lower operating costs and stronger underwriting CMHC MLI Select pathway: up to 40year amortization and high leverage potential (subject to DSCR and program scoring) Strong rental fundamentals: South London family demand, proximity to schools, parks, retail, and transit Site plan approvals in hand; streamlined path to start Ideal for build to hold investors, family offices, and LP/GP structures Why investors like it: Modern, low maintenance product with durable tenant demand Institutional grade financing options via CMHC MLI Select can enhance long term cash ow and reduce equity friction at takeout. Attractive hold thesis with inflation resilient rents and favorable debt profile Contact LA for the full investor package, architectural drawings, pro forma, and details on CMHC MLI Select positioning. Appointment required before walking the site. SELLER IS REGISTERED REAL ESTATE BROKER. (id:64974)
Quick Facts
- Property Type: House (Freehold)
- Bedrooms: 4 (4 above)
- Bathrooms: 3 (1 half)
- Ownership: Freehold
- Attached: No
- Fireplaces: Yes
- Parking: 10 spaces (No Garage)
- Frontage: 74 ft (22.5 m)
Listing Provided by: SAM SINGH REALTY INC.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Central air conditioning
- Basement: Full
- Appliances: Washer, Refrigerator, Water meter, Stove, Dryer, Water Heater
Exterior & Construction
- Exterior: Aluminum siding
- Foundation: Poured Concrete
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 74 ft (22.5 m)
- Features: Wheelchair access, Sump Pump, In-Law Suite
- Zoning: R5-6(25)
Community & Neighbourhood
- Building: Fireplace(s)
- Neighbourhood: South W
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 325 SOUTHDALE ROAD E, London South (South W), Ontario, N6E1A2
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