1269 Hyde Park Road London North, Ontario N6H 5K6

$13,900,000

1269 Hyde Park Road presents a rare opportunity to acquire a fully approved, high-density mixed-use development site in one of London's most established and desirable neighbourhoods - Oakridge. Situated on approximately 3.2 acres with strong frontage along Hyde Park Road, the property is positioned within a high-income, supply-constrained submarket known for long-term residents, strong homeownership, and exceptional livability. The site has planning approval in place for a major mixed-use high-rise redevelopment consisting of two 15-storey residential towers totaling 502 units, anchored by an 8-storey mixed-use podium with live/work units fronting Hyde Park Road. The approved concept also includes a separate 2-storey commercial building permitted for restaurant, retail, and office uses, creating additional income potential and a strong mixed-use street presence. Parking is accommodated through a combination of underground and structured parking, with additional surface parking serving the standalone commercial component. A multi-use pathway along the north property boundary enhances connectivity and aligns with municipal active transportation objectives. With approvals in place, the site offers a materially de-risked entitlement profile and a clear path to execution. Located along a major arterial corridor, the property benefits from excellent access to London Transit Commission routes, major shopping nodes, schools, parks, professional services, and nearby regional connections to Highways 401 and 402. Its proximity to Western University, employment areas, and established amenities supports long-term rental demand and reinforces the site's appeal for large-scale urban intensification. Data room available upon request. (id:12481)

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https://www.realtor.ca/real-estate/29394995/1269-hyde-park-road-london-north-north-m-north-m