341 SOUTHDALE ROAD E, London South (South W), Ontario, N6E1A2

Property Description

341 Southdale Road East Land For Sale | Approved 10-Unit Stacked Townhouse | CMHC MLI SelectPotential Land for sale with approvals for a purpose-built, energy efficient 10unit stackedtownhouse development in London's Southdale corridor. Seller can provide a detailed pro formaand assist with structuring for CMHC MLI Select insured takeout on stabilization, includinghigh LTV potential and extended amortization, subject to program criteria and DSCR. Ideal buildto 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 designtargeting lower operating costs and stronger underwriting CMHC MLI Select pathway: up to 40yearamortization and high leverage potential (subject to DSCR and program scoring) Strong rentalfundamentals: South London family demand, proximity to schools, parks, retail, and transit Siteplan approvals in hand; streamlined path to start Ideal for build to hold investors, familyoffices, and LP/GP structures Why investors like it: Modern, low maintenance product withdurable tenant demand Institutional grade financing options via CMHC MLI Select can enhancelong term cash ow and reduce equity friction at takeout. Attractive hold thesis with inflationresilient rents and favorable debt profile Contact LA for the full investor package,architectural drawings, pro forma, and details on CMHC MLI Select positioning. Appointmentrequired before walking the site (id:64974)

Quick Facts

• Property Type: Vacant Land
• Bedrooms: 3 (3 above)
• Bathrooms: 3 (1 half)
• Parking: 1.0 space (Attached Garage, Garage)
• Frontage: 83 ft (25.2 m)

Listing Provided by: SAM SINGH REALTY INC.
Board: London and St. Thomas Association of REALTORS®
Data provided via CREA DDF®.