$1,599,900
 $8,589 est/mo Sourced by Back At You

566 Southdale Road E,London South (South R), ON N6E1A6

London South (South R), ON N6E1A6

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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. (id:374)

Details

MLS #X12691706
Listing TypeFor Sale
StyleHouse
StatusActive
Days On Site263
Listing Provided ByRIGHT AT HOME REALTY | ARAM HAJI

Features

Bed(s)2
Bath(s) 1 Total
SQ Feet700
Garage6
BasementY
Story(s)1

Interior

CoolingNone
HeatingRadiant heat, Other
AppliancesWater Heater
Fireplace Yes / NoNo

Exterior

Foundation DetailsBlock

Parking

Parking FeaturesDetached Garage, Garage
Parking Total6

Utilities

UtilitiesSewer, Electricity, Cable
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount5588
Tax Year2025

Area Information

ProvinceON
CityLondon South (South R)
Postal CodeN6E1A6
Listing VS Median (in N6E1A6)
Price:
$1,599,900
low | high
Med:
$1,599,900
50% of Average
sqft:
700
low | high
Med:
8,874
100% of Average
$ / sqft:
$2,286
low | high
Med:
$1,190
97.946973251994% of Average
On site:
263
low | high
Med:
263
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityLondon South (South R)
Postal CodeN6E1A6
Listing VS Median (in N6E1A6)
Price:
$1,599,900
low | high
Med:
$1,599,900
50% of Average
sqft:
700
low | high
Med:
8,874
100% of Average
$ / sqft:
$2,286
low | high
Med:
$1,190
97.946973251994% of Average
On site:
263
low | high
Med:
263
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 2:53:49 AM PDT