An exceptional 1.029-acre infill development site in London's White Oaks neighbourhood, recently re-zoned Residential R8-4, and approved for a wide range of medium-density residential uses including stacked townhouses, low-rise apartments, and converted dwellings.The property features an existing vacant two-storey commercial structure, approved for conversion into an 18-unit residential apartment building (44 units per hectare) with a flexible mix of 1-bedroom, 1+den, and 2-bedroom layouts.Approx. 12,950 ft2 of existing building space and 64 on-site parking stalls-with access via a shared private laneway-support a streamlined, low-cost redevelopment path. No Site Plan Control is required for the current approved conversion, reducing timeline and permitting barriers.Strategically located near transit, shopping, parks, schools, and employment hubs, this site offers strong tenant appeal and long-term upside in a corridor targeted for growth. Positioned between an established residential area and a neighbourhood commercial node, the site delivers natural transition, walkability, and policy-aligned density.Property is currently vacant and uninsured. Data room access with a signed CA. (id:13843)
| MLS # | X13556312 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 110 |
| Listing Provided By | PRIME REAL ESTATE BROKERAGE | JUSTIN KONIKOW |
| SQ Feet | 14,773 |
|---|---|
| Zoning | R8-4 |
| Cooling | Fully air conditioned |
|---|---|
| Heating | No heat |
| Fireplace Yes / No | No |
| Lot Features | Elevator |
|---|
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 49379.57 |
|---|
| Province | ON |
|---|---|
| City | London South (South X) |
| Postal Code | N6E3B2 |
| Listing VS Median (in N6E3B2) | |
Price: $3,900,000 low | high Med: $3,900,000 sqft: 14,773 low | high Med: 14,773 $ / sqft: $264 low | high Med: $264 On site: 110 low | high Med: 110 | |
| Province | ON |
|---|---|
| City | London South (South X) |
| Postal Code | N6E3B2 |
| Listing VS Median (in N6E3B2) | |
Price: $3,900,000 low | high Med: $3,900,000 sqft: 14,773 low | high Med: 14,773 $ / sqft: $264 low | high Med: $264 On site: 110 low | high Med: 110 | |