$374,900
$***,***
2+2-Bed
2-Bath
2000-2500 Sq. ft
Listed on 5/9/24
Listed by A TEAM LONDON
Endless possibilities! 2 bedrooms on the main floor and separate entrance to walk-out lower level 2 bedroom unit. Main floor is currently mid renovation drywalled with bare floors and no kitchen or bathroom and is a blank slate. Lower level fully finished. Add an Additional Residential Unit (ARU) in the deep rear yard to increase to 3 units. REDEVELOPMENT POTENTIAL - Situated on a 66 x 197 lot (large enough to sever for 2 x 33x 197 lots). R2-2 Zoning Permitted Uses - Single detached dwellings, semi-detached dwellings, duplex dwellings, converted dwelling. Based on BILL 23 - More Homes Built Faster Act, 2022, in theory, you could sever a lot and build a semi-detached dwelling on the lots with both units containing a lower apt, plus add a separate ARU in each rear yard for a total potential total of 6 units. **All redevelopment options to be verified by the buyer and would be subject to municipal approvals**. London is encouraging this form of residential development to improve housing diversity, affordability, and sustainable land use.
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X8327090
Detached, Bungalow
2000-2500
6+6
2+2
2
8
100+
Central Air
Finished, Full
Y
Brick Front
Forced Air
N
$2,659.32 (2023)
< .50 Acres
197.00x66.00 (Feet)