C$1,120,000

Prime infill development opportunity at 553 & 557 Upper Queen Street in London's desirable Highland neighbourhood. This 0.6 hectare site (approx. 1.5 acres) features 63 metres of frontage and is located within the Built Area Boundary and Primary Transit Area. Zoning amendment recommended to permit a 28-unit, 2-storey cluster townhouse development across six building blocks, offering a thoughtfully planned medium-density project aligned with London Plan intensification policies. The property is surrounded by established residential neighbourhoods and backs onto the Highland Country Club, offering strong locational appeal. Positioned along a neighbourhood connector with transit access, bike lanes, and proximity to parks, shopping, and amenities, this site represents a compelling opportunity for townhouse development in a mature, high-demand area. Key development highlights include: Proposed density: ~47 units per hectare. Building height: 2 storeys. Parking: 62 spaces (2 per unit plus visitor parking). Site coverage: ~43% with ~40% landscaped open space. *Must be sold in conjunction with 553 Upper Queen St. (MLS X13583416) (id:41202)