Unknown for 80 & 82 Base Line Rd, London South Ontario N6J 1V2
7 hours on Market

80 & 82 Base Line Rd, London South, Ontario N6J 1V2

Other
-
-
~< 700 sqft
$1,600,000
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Other
-
-
~< 700 sqft

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Highlights

Property Estimate

Days on market7 hours

Estimated valueNot available

Price/Sqft$1,143/sqft

Monthly cost

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Description

DEVELOPMENT OPPORTUNITY - PRIME MULTI-RESIDENTIAL SITE. An exceptional opportunity to acquire a prime multi-residential development site in one of London's most desirable neighbourhoods. This half-acre property is fully rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase. The site is currently tenanted, generating interim income to help offset holding costs, and is located just steps from Wortley Village with convenient access to transit, shops, restaurants, and green space, making it highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking, presenting a rare near-turnkey development opportunity in a high-demand rental market.


Property Details

Style2-Storey
View-
Age of property-
SqFt~< 700 SqFt
Lot Size21,450 SqFt(143 x 150)
Parking Spaces-
MLS ®NumberX12861680
Community NameSouthcrest
Data SourceTRREB
Listing byRE/MAX TWIN CITY REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Basement: Development Potential

Features

Lot size: 21,450 SqFt

Property listed by RE/MAX TWIN CITY REALTY INC., Brokerage
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Market Data - Southcrest

Geo Zone Map ThumbnailSouthcrest

Balanced Market

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Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

54 days

Compared to

2025

32 days

2024

52 days

2023

29 days

New Listings

Past 30 days

15 listings

Compared to

2025

13 listings

2024

11 listings

2023

15 listings

Units sold

Past 30 days

9 units

Compared to

2025

12 units

2024

13 units

2023

9 units

Median Sold Price

Past 30 days

$420,000

Compared to

2025

$472,500

2024

$435,000

2023

$470,600


Population and Demographics

Overview

Total population 15483
Average household income $92,337

Age (%)

0 to 19
17%
20 to 34
22%
35 to 49
18%
50 to 64
20%
65 and plus
23%

Household composition (%)

Single family
49%
Single person
46%
Multi person
5%
Multi family
0%

Mother tongue (%)

English
85%
Spanish
5%
Others
4%
Arabic
2%
French
1%

House tenancy (%)

Renters
59%
Owners
41%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget