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Renanza Realty
For sale

566 SOUTHDALE ROAD E

London South (South R), Ontario

MLS® X12692174

$1,599,900

Status
Active
Property type
Vacant land
MLS® number
X12692174
Bedrooms
2
Bathrooms
1
Year built
—

Listing description

Outstanding shovel-ready development opportunity at 566 Southdale Road East, featuring a fully zoned and Site Plan Approved 16-unit stacked townhouse project with 17 on-site parking spaces. All major planning approvals are secured, significantly reducing entitlement risk and allowing an immediate progression to construction - saving time and pre-development cost. This property offers a compelling investment and community housing opportunity, ideally suited not only for private developers but also for non-profit, municipal, or institutional housing providers, including those pursuing CMHC-funded affordable housing initiatives.

Superior transit and mobility future potential: The site is located within a key transit corridor and will benefit from proximity to the planned Wellington Gateway Bus Rapid Transit (BRT) project, which is designed to improve transit frequency and reliability with dedicated bus lanes between Downtown and South London, including enhanced multi-use infrastructure along Wellington Road. This project will strengthen connections to the broader city and employment areas and include multi-use active transportation paths for pedestrians and cyclists, further enhancing accessibility and connectivity. The location is also within walking distance of abundant amenities, including No Frills grocery store, GoodLife Fitness, Scotiabank, Giant Tiger, Petro-Canada, Nixon Medical Centre, Rexall Pharmacy, Cleardale Public School, Fanshawe College (South London Campus), White Oaks Mall, restaurants, and services - all supporting long-term housing stability, convenience, and quality of life.

A rare opportunity to acquire a transit-oriented, ready-to-build site in South London with approvals in place and strong fundamentals for market-rate, affordable, or mixed housing delivery.

Property summary

MLS® number
X12692174
Property type
Vacant Land
Square footage
17,048 sq ft
Land size
106.51 x 162.12 FT
Annual property taxes
$5,588.00
Parking
6 spaces
Days on market
262 days

Features & details

Heating
Radiant heat

What would this home cost you?

Based on the $1,599,900 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$7,444 /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 RIGHT AT HOME REALTY, 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.