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Renanza Realty
For sale

553 UPPER QUEEN STREET

London South (South P), Ontario

MLS® X13583416

$2,240,000

Status
Active
Property type
Vacant land
MLS® number
X13583416
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

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 557 Upper Queen St.

(MLS X13583452)

Property summary

MLS® number
X13583416
Property type
Vacant Land
Square footage
1 sq ft
Land size
0.97 acres
Annual property taxes
$14,310.00
Days on market
73 days

Features & details

Lot features
Irregular lot size

What would this home cost you?

Based on the $2,240,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$10,422 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CUSHMAN & WAKEFIELD SOUTHWESTERN ONTARIO, LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.