A golden opportunity for investors and home buyers to own a BDC zoned residential property (#3074 sq. ft home) in the highly demanded North West London. The zoning permits multiple uses for this property-keep it as a single family residential, build a multi-storey apartment building, convert it into multi-residential, commercial cum residential, medical offices etc. This Zone provides for and regulates a mix of retail, restaurant, neighborhood facility, office and residential uses. There are only a few properties with BDC zoning in the neighborhood. Nestled in the fast growing residential cum business area, this property is of high commercial potential. The deeper lot size is an added advantage for any development. The property is surrounded by high to low density residential, smart centers, medical clinics, schools and worship places. The building and appliances are sold 'AS IS WHERE IS'. The owner has never lived in this property, currently rented out on a monthly basis. The current house consists of 3 generously sized bedrooms 2 full bath and 1 half bath, 2 office rooms and 1 Recreation hall, 1 living room and 1 dining room , one kitchen and storage rooms. The basement has a separate entry through the back.
- Price:
- $799,900
- Bedrooms:
- 3
- Full Baths:
- 2
- Half Baths:
- 1
- Square Footage:
- 1,995
- Listing ID #:
- 40302607
- Street Address:
- 973 Gainsborough Rd
- City:
- London
- Province:
- Ontario
- Postal Code:
- N6H 5L4
- County:
- Middlesex
- Community:
- North
- Subarea:
- North E
- Listing Status:
- Active
- Listing Type:
- Single Family Residence
- Architecture Style:
- 1.5 Storey
- Basement Description:
- Development Potential, Separate Entrance, Full, Finished
- Building Faces:
- South
- Construction Type:
- Brick
- Finished Above Ground Square Footage:
- 1995
- Finished Basement Square Footage:
- 1079
- Foundation:
- Concrete Block, Poured Concrete
- Total Building Square Footage:
- 1995
- Type Of Roof:
- Shingle
- Approximate Lot Size Range Source:
- Geowarehouse
- Conforms To Zoning:
- Bdc
- Lot Features:
- Urban, Rectangular, Ample Parking, Park, Place Of Worship, School Bus Route, Schools, Shopping Nearby
- Lot Frontage:
- South
- Topography:
- Flat
- Included In Sale:
- Dishwasher, Dryer, Hot Water Tank Owned, Washer, None
- Originating Mls:
- Lstar
- Coordinates:
- -81.328571, 42.999919
- Cross Street:
- Gainsborough Rd & Coronation
- Association Fee 2 Payment Frequency:
- Monthly
- Property Taxes:
- $4,345
- Bedrooms On Main Level:
- 2
- Total Rooms:
- 16
- Show Listing And/Or Property Address:
- Yes
- Parking Description:
- Asphalt
- Parking Spaces:
- 6
- Uncovered Parking Spaces:
- 6
- Appliances:
- Water Heater Owned, Dishwasher, Dryer, Hot Water Tank Owned, Washer
- Cooling System:
- Central Air
- Existing Water:
- Well
- Heating:
- Forced Air, Natural Gas
- Heating:
- Yes
- Laundry:
- In Basement
- Sewage Type:
- Sewer (municipal)
- Listing Provided By Streetcity Realty Inc.
