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$719,000
6 Beds ⋅ 2 Baths ⋅ X13562302 MLS® #
Incredible investment or development opportunity at a major London intersection (Highbury Ave & Fanshawe Park Rd)! Welcome to 1421 Fanshawe Park Road East, a rare high-yield property and strategic land bank opportunity in London's rapidly intensifying transit corridor. Situated on a massive 0.75-acre corner site at the major intersection of Highbury Ave N & Fanshawe Park Rd E, this property aligns perfectly with the City's aggressive growth and density objectives. With surrounding lands recently rezoned to R5/R6/R8, this site offers massive long-term redevelopment potential for stacked townhomes, mid-rise buildings, or apartment developments (subject to municipal approvals).The existing turn-key home functions as an exceptional immediate income-generator. The spacious layout features 4+2 bedrooms, 2 full kitchens, and a fully finished basement with a separate entrance-perfect for a high-density student rental or multi-generational living. Additional features include a double-car garage, ample multi-car parking, and a peaceful backyard backing onto a scenic pond. Boasting a transit stop directly at the doorstep and minutes to Fanshawe College, shopping, and major amenities, this is an unbeatable addition to any portfolio. Roofing was done in 2023. Unbeatable convenience with a bus stop at your doorstep and minutes to Fanshawe College, shopping, and amenities! (id:5764)

1421 Fanshawe Park Road East, London North (North D)

Listing courtesy of Initia Real Estate.