Property Specs
Price$3,299,000.00
CityLondon, ON
Address1269 HYDE PARK Road
Listing ID40425625
ConstructionBrick, Shingles, Wood, Wood frame
StatusFor sale
Extended Features
Communications High Speed InternetCommunity Features High Traffic AreaOwnership FreeholdSigns PylonBasement NoneConstruction Materials Wood frameCooling Central air conditioningHeating Forced airHeating Fuel Natural gasUtility Water Municipal water
Details
Prime development site located on the east side of Hyde Park Road between Gainsborough and Sarnia Roads. Site consists of 3.2 acres with a proposed site plan permitting a six story apartment building with 91 units, redevelopment of the restaurant building into six residential units and a new commercial development of 15,000-16,000 square feet. The sale includes the existing Crossings Pub & Eatery building. The Crossings Pub & Eatery Tenant may consider staying on and leasing the Restaurant. Current lease at a monthly rent of $12,000.00 on a net basis. Property being sold under Power of Sale. Copy of proposed site plan available. Please contact listing agents for further details. (id:4555)