325 Southdale RD E Active Save Request In-Person Tour Request Virtual Tour
London South,ON N6E 1A2
Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3500-5000
Subdivision South W
MLS Listing ID X12220386
Style Other
Annual Tax Amount $4,372
Tax Year 2024
Property Sub-Type Vacant Land
Property Description
325 Southdale Road East Land For Sale | Approved 10-Unit Stacked Townhouse | CMHC MLI Select Potential Land for sale with site plan approval for a 10unit, 3storey stacked townhouse project designed for efficient operations and lender friendly underwriting. Seller will share the pro forma and help structure CMHC MLI Select financing on stabilization(subject to eligibility), highlighting options for high leverage and up to 40year amortization where DSCR and point scoring are met. Strong location near transit, retail, and employment nodes. Contact LA for pro forma, drawings, and CMHC MLI Select next steps. Highlights: Approved 10unit stacked townhouse, 3 stories with 2Bedrooms and 3bedroom mix, Energy efficient design and contemporary specifications to support strong CMHC metrics CMHC MLI Select pathway: potential for high LTV and 40year amortization on takeout (subject to DSCR and program scoring) Robust location drivers: transit, retail, employment nodes, schools, and amenities nearby Excellent for investors seeking capital efficiency and attractive long term debt terms Why investors like it: Designed for modern tenants, minimizing capex and supporting lower OpEx CMHC MLI Select alignment can improve stabilized cash ow and facilitate capital recycling at refinance. Contact LA for complete investor materials, architectural plans, and CMHC underwriting notes. Do not walk the site without an appointment. Notes for MLS: Extras: Full investor package and drawings available upon request Possession: Flexible Zoning: Medium density residential (stacked townhouse form) Buyer to verify all room sizes, approvals, servicing, and CMHC eligibility to their satisfaction
Location
Province ON
County Middlesex
Community South W
Area Middlesex
Zoning R5-6(25)
Rooms
Kitchen 0
Interior
Interior Features None
Exterior
Parking Features Available
Pool None
View City
Roof Type Unknown
Lot Frontage 73.5
Lot Depth 293.0
Total Parking Spaces 2
Building
Foundation Other
Others
Senior Community No
ParcelsYN No