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Active
341 Southdale RD E London South, ON N6E 1A2
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Key Details
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision South W
MLS Listing ID X12305931
Annual Tax Amount $1,903
Tax Year 2024
Property Sub-Type Vacant Land
Property Description
341 Southdale Road East Land For Sale | 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.
Location
Province ON
County Middlesex
Community South W
Area Middlesex
Zoning R5-6(17)
Rooms
Kitchen 0
Exterior
Lot Frontage 82.5
Lot Depth 264.0
Others
ParcelsYN No
Listed by SAM SINGH REALTY INC.