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Home ON Greater London London Hyde Park
1553 HYDE PARK ROAD
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1553 HYDE PARK ROAD $3,675,000
$3,675,000
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1553 HYDE PARK ROAD
London, Ontario N6H5L5

MLS® Number: X8286268

Listing Description

Executive development opportunity on Hyde Park and Gainsborough with driveway access off Hyde Park Road. Designated as a ""Main Street"" in the London Plan, development along Hyde Park Road encourages commercial and residential repurposing, intensification and infill. the ""inward and upward"" philosophy of The London Pan compliments the proposed 6-storey mixed-use building containing 70 residential units and a ground floor area of 8,900 sq ft for commercial use. Developments in the immediate area include single family, mid-rise and high-rise residential uses along with mixed-use buildings. Municipal services are available for the proposed development. Traffic volumes of 32,000 daily, on major public transit route and access to bike lanes on both side of the road. Lot frontage of approximately 180 ft and depth of 236 ft. Many commercial uses included in the broad BDC 1 and 2 zoning. Owner/tenant willing to lease-back until existing structures are ready for demolition. (35114439)

Location Description

Gainsborough

Property Summary

Property Type
Vacant Land
Community Name
North I
Land Size
179.59 ac|1/2 - 1.99 acres
Annual Property Taxes
$15,710.48
Time on REALTOR.ca
232 days

Building

Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Type
Residential (Residential)
Neighbourhood Features
Amenities Nearby
Public Transit

Measurements

Square Footage
1 ac

Land

Lot Features
Frontage
179.5900
Other Property Information
Zoning Description
h,h17, BDC 1, BDC 2
Data provided by: London and St. Thomas Association of REALTORS® 342 COMMISSIONERS Road West, LONDON, Ontario N6J 1Y3

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