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325 SOUTHDALE ROAD E London South (south W), ON N6E1A2
3,500 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,500 sqft
Price per Sqft $257
Subdivision South W
MLS® Listing ID X12220386
Source London and St. Thomas Association of REALTORS®
Property Description
325 Southdale Road East Land For Sale | Approved 10-Unit Stacked Townhouse | CMHC MLI Select Potential Land for sale with site plan approval for a 10unit, 3storey stacked townhouse project designed for efficient operations and lender friendly underwriting. Seller will share the pro forma and help structure CMHC MLI Select financing on stabilization(subject to eligibility), highlighting options for high leverage and up to 40year amortization where DSCR and point scoring are met. Strong location near transit, retail, and employment nodes. Contact LA for pro forma, drawings, and CMHC MLI Select next steps. Highlights: Approved 10unit stacked townhouse, 3 stories with 2Bedrooms and 3bedroom mix, Energy efficient design and contemporary specifications to support strong CMHC metrics CMHC MLI Select pathway: potential for high LTV and 40year amortization on takeout (subject to DSCR and program scoring) Robust location drivers: transit, retail, employment nodes, schools, and amenities nearby Excellent for investors seeking capital efficiency and attractive long term debt terms Why investors like it: Designed for modern tenants, minimizing capex and supporting lower OpEx CMHC MLI Select alignment can improve stabilized cash ow and facilitate capital recycling at refinance. Contact LA for complete investor materials, architectural plans, and CMHC underwriting notes. Do not walk the site without an appointment. Notes for MLS: Extras: Full investor package and drawings available upon request Possession: Flexible Zoning: Medium density residential (stacked townhouse form) Buyer to verify all room sizes, approvals, servicing, and CMHC eligibility to their satisfaction (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Exterior
Parking Features No
Community Features School Bus
View Y/N Yes
View City view
Total Parking Spaces 2
Private Pool No
Building
Sewer Sanitary sewer
Listed by SAM SINGH REALTY INC.
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