1421 Fanshawe Park Road E, London, ON N5X 3Z9

$719,000
6
BD
2
BA
1,100
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$719,000
Price Change
▼ $70,000 1784092802
MLS#
X13562302
Status
ACTIVE
Type
Single Family Residential
SubType
Detached
Style
Bungalow
Bedrooms
6
Bathrooms
2
Living Area
1100-1500
Province
ON
Municipality
London
Area
Middlesex
Neighborhood
North
Subdivision
Highbury Rd And Fanshawe Park Rd

Property Description

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!

Additional Information

Taxes
$5,297
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
2
Exterior
Brick
Garage Spaces
2
Garage Type
Attached
Pool
None
Parking Spaces
4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Initia Real Estate.