$465,000
4.13 BTC
Photos
720 Queens Avenue, London
$465,000
PRICE
6
BEDROOMS
4
BATHROOMS
X12741378
MLSID

720 Queens Avenue, London

Solid brick home located in a highly desirable area with rare OC2X R3 zoning, offering excellent flexibility for Commercial/Office or Medium density Residential future use, redevelopment, or long-term investment. Situated on a deep lot with a large backyard, this property provides outdoor space that's hard to find in this location - ideal for expansion, additional structures (subject to approvals), or simply enjoying the privacy and space. The property is currently configured with multiple units, including two units on the main floor and one unit on the upper level. Unit 3 (upper unit) has been updated and is in good condition, requiring no immediate work. Unit 1 and Unit 2 (main floor) both require full renovations, offering clear upside for a buyer looking to improve and reposition the property. The home is serviced by one furnace (12 years old), and the roof is also approximately 12 years old. Units 2 and 3 are separately metered for hydro, while Unit 1 and the basement share a panel. Recent improvements include new exterior stairs and fire shutters installed on the west wall adjacent to the second floor stairwell, adding to safety and compliance considerations. This configuration provides flexibility for renovation, income optimization, or future redevelopment, supported by the property's OC2X R3 zoning and generous lot size.
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Summary

Address
720 Queens Avenue
City
Community
MLSID
X12741378
Property Type
Triplex
Property Category
Bedrooms
6
Bathrooms
4
Kitchens
4
Zoning
OC2X R3
Taxes (Annual)
$3,101.00
Tax Year
2025
Published
January 30, 2026
Days on Market
0 Days
Possession Type
Immediate
Possession Details
Immediate
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Details

Basement
Partially Finished
Interior Features
None
Parking Spaces
3
Parking Total
3
Parking Features
Private Double
Architectural Style
1 1/2 Storey
Roof
Shingles
Construction Materials
Brick
Lot Width
40 Feet
Lot Depth
130 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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