1503 Hyde Park Road, London North, ON N6H 5L4 (Hyde Park Rd & Gainsborough Rd)

Price : $1.00 , MLS®# : X12366126

Description

Prominent and highly visible 2.34 acre development site site along Hyde Park Rd in the highly desirable Northwest area of London at the intersection of Gainsborough Rd. & Hyde Park Rd. Zoning approved for an 8 Story building, 137 residential + 9000 sqft commerical. 129 parking spots above ground and 42 spots underground. Commercial zoning BDC, (BDC 1&2). **All Services available on site** Land Site Influences: Flat Site, Highway Nearby, other facilities and amenities nearby. Large housing sites to the North, South and West of property. Studies completed: Environmental Phase 1, Traffic Impact Study, Shadow, Geotech study, sewer & watermain capacity analysis, storm water management study, utility capacity, land survey update and pipe location. Zoning amendment approved on June 2023. Project in site plan approval stage. Market Study completed with great prediction of apartment building, retirement home andreligious build ups. Located just down the street from Canadian Tire, Walmart, Golf Town, Rona, Mandarin, Winners, Marshalls, Homesense, Gap, Sportchek, etc. Located in rapidly growing Residential and Commercial node in London. Several new residential and commercial developments in the area.

Location Description

Hyde Park Rd & Gainsborough Rd

Property Details
  • Community: North I
  • Property Type: Owner/Commercial
  • Annual Property Taxes : $ 30328.07
Building Features
Building Features
  • Sewer : Sanitary ,
  • Cooling :
Land (Lot Features)
  • Frontage: 371 sq.ft
  • Land Depth: 283sq.ft

Listing Contracted With: HOMELIFE/MIRACLE REALTY LTD