Property Details

1700 Hyde Park Rd, London Ontario, N6H5L7

1700 Hyde Park Rd, London Ontario
Representative
Jim Allen portrait
Jim Allen
Sales Representative
RE/MAX Advantage Realty Ltd. Brokerage - London
Cell: 519-476-3324
Tel: 519-649-6000

$2,300,000 - For sale

MLS®:607075

Rare developers/investors opportunity! Prominent and high visible site in north west London's 'Hyde Park'. Note the lot frontage along Hyde Park Road of 290 feet (approx) with total site area of 1.19 acres. Rapid developing residential and commercial area of London. Located near Smart Centres development, Walmart, Canadian Tire, Lowe's, LCBO etc. Uniqueness of this site is a 14,000 sq.ft. concrete pad-plumbed for 14 units-with added savings as pad is classified as addition to existing south building which exempts costly development fees for the future structure. South portion of site is an existing 2 storey (steel clad, steel roof) 6,500 sq.ft. structure currently set-up with 5 units. 4 units newly leased, current gross income $4000/month with potential to $5000/month. Zoning is BDC which permits wide variety of uses from medical, dental, restaurants and service industry etc. Other noteables: 2 large tenant signs, 200 amp service, new front curb, paved parking up to 60 spaces.

Property Details
  • Property Type:Other
  • Lot Size:1.19 ACRES
  • Acreage:1.19 ACRES
  • Water Type:Municipal water
Structure Details
  • Structure Style:Unknown
  • Heating Type:Forced air
Amenities Acreage
Representative
Jim Allen portrait
Jim Allen
Sales Representative
RE/MAX Advantage Realty Ltd. Brokerage - London
Cell: 519-476-3324
Tel: 519-649-6000
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