80 BASE LINE Road
London, Ontario
Vacant Land
DEVELOPMENT OPPORTUNITY – PRIME MULTI-RESIDENTIAL SITE An exceptional opportunity to acquire a prime multi-residential development site in one of London’s most desirable neighbourhoods. This half-acre property is fully rezoned for an 8-storey, 77-unit apartment building, allowing the next owner to proceed directly to the draft Site Plan Approval (SPA) phase. The site is currently tenanted, generating interim income to help offset holding costs, and is located just steps from Wortley Village with convenient access to transit, shops, restaurants, and green space, making it highly attractive to future renters. Existing zoning permits up to 12 storeys, with potential for additional density through underground parking, presenting a rare near–turnkey development opportunity in a high-demand rental market.
Price History
Property
- Lot Size
- 0.49 acres
Schools
Elementary
- Arthur Ford Public School0.7 km
Public · Thames Valley DSB · 335 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 50% met the provincial standard
- St Jude Separate School1.1 km
Catholic · London District Catholic School Board · 390 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 51% met the provincial standard
- École élémentaire catholique Frère André1.1 km
French Catholic · Conseil scolaire catholique Providence · 460 students
Grade 3 reading: 72% met the provincial standard · Grade 6 math: 76% met the provincial standard
Secondary
- Westminster Secondary School0.9 km
Public · Thames Valley DSB · 980 students
Grade 10 literacy: 75% met the provincial standard
- London South Collegiate Institute2.2 km
Public · Thames Valley DSB · 880 students
Grade 10 literacy: 73% met the provincial standard
- Saunders Secondary School2.5 km
Public · Thames Valley DSB · 2010 students
Grade 10 literacy: 70% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N6J
- Population
- 27,497
- Private dwellings
- 13,174
- Median age
- 43.6
- Average household size
- 2.1
- Median household income
- $65,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Vacant Land in London · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of vacant land properties in London over the last 12 months.
Location
Mortgage Calculator
$320,000
Estimated Monthly Payment
$7,860
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,860/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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