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341 Southdale RD E London South, ON N6E 1A2
3 Beds
3 Baths
Key Details
Sold Price -
Property Type Vacant Land
Sub Type Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision South W
MLS Listing ID X12893530
Sold Date -
Bedrooms 3
Tax Year 2025
Property Sub-Type Vacant Land
Property 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 site
Location
Province ON
County Middlesex
Area Middlesex
Zoning R5-6(17)
Rooms
Family Room Yes
Basement Development Potential
Kitchen 1
Interior
Interior Features Separate Hydro Meter, Separate Heating Controls
Cooling Central Air
Exterior
Parking Features Front Yard Parking
Garage Spaces 1.0
View City
Roof Type Asphalt Shingle
Lot Frontage 82.5
Lot Depth 264.0
Total Parking Spaces 1
Building
Foundation Poured Concrete
Others
Senior Community Yes
ParcelsYN No
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