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MLS® X12674578

  • Key Facts
  • Description
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Key Facts

Type Other
Levels Land
Size -
Garage No
Taxes $2,028
Days Active 1
Lot Size 
Approx. Age 
MLS® Number X12674578

Property Address: 341 Southdale Rd E, London, ON, N6E1A2

Average square foot calculated using Size range provided by listing agent.

Description

341 Southdale Road East Land For Sale | Approved 10-Unit Stacked Townhouse | CMHC MLI Select Potential Land for sale with approvals for a purpose-built, energy efficient 10unit stacked townhouse development in London's Southdale corridor. Seller can provide a detailed pro forma and assist with structuring for CMHC MLI Select insured takeout on stabilization, including high LTV potential and extended amortization, subject to program criteria and DSCR. Ideal build to 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 design targeting lower operating costs and stronger underwriting CMHC MLI Select pathway: up to 40year amortization and high leverage potential (subject to DSCR and program scoring) Strong rental fundamentals: South London family demand, proximity to schools, parks, retail, and transit Site plan approvals in hand; streamlined path to start Ideal for build to hold investors, family offices, and LP/GP structures Why investors like it: Modern, low maintenance product with durable tenant demand Institutional grade financing options via CMHC MLI Select can enhance long term cash ow and reduce equity friction at takeout. Attractive hold thesis with inflation resilient rents and favorable debt profile Contact LA for the full investor package, architectural drawings, pro forma, and details on CMHC MLI Select positioning. Appointment required before walking the site. (id:58753)Show Description
MLS® NumberX12674578
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
Basement
Driveway
Garage Spaces
Heat
A/C
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Starting Address
Destination Address
341 Southdale Rd E, London, ON

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