London East - East C
London East - East C
Listed For $339,900
Get Pre-approvedTerminated 3 months ago
DEVELOPMENT CHARGES WAIVED (savings of $50,564)!! Prime Development Opportunity - Fully Serviced Lot 1.7 km from Fanshawe College. An exceptional opportunity to acquire a fully serviced and shovel-ready, vacant lot. An ideal location for student rentals, multi-family investment or long-term income generation. The property comes with architectural drawings for a proposed duplex, thoughtfully designed as: Unit 1: 5 bedrooms and Unit 2: 2 bedrooms + den. Projected monthly rental income of $900 per room inclusive = $6300-$7200. A new survey and lot grading plan have been completed and are available to the buyer. A building permit application was submitted to the City on January 27th and has already passed zoning review. The application remains in the review phase, with the City. The lot is fu
* Values are estimates only and not a guarantee of lending or affordability.