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MLS® X12893530

  • Key Facts
  • Description
  • Map

Key Facts

Type Residential Land
Levels Residential
Size -
Garage Attached
Taxes 
Days Active 32
Lot Size 
Approx. Age 
MLS® Number X12893530

Property Address: 341 Southdale Rd E, London, ON, N6E1A2

Average square foot calculated using Size range provided by listing agent.

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 siteShow Description
MLS® NumberX12893530
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageAttached
Approx. Age
BasementDevelopment Potential
DrivewayGarage Type:Attached
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

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Home Appraisal

This property is estimated to sell between: $592,000 and $1,204,000.
Similar properties in this area sold on average for: $592,965
Expected to sell very soon! Similar properties sold in 28 days. This home has been on eXp Realty for 32 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
341 Southdale Rd E, London, ON

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