$1,699,900
Available - For Sale
Listing ID: X12692174
566 Southdale Road East , London South, N6E 1A6, Middlesex
| 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. |
| Price | $1,699,900 |
| Taxes: | $5588.00 |
| Tax Type: | Annual |
| Occupancy: | Vacant |
| Address: | 566 Southdale Road East , London South, N6E 1A6, Middlesex |
| Postal Code: | N6E 1A6 |
| Province/State: | Middlesex |
| Legal Description: | PART LOT 80, 578 DESIGNATED AS PARTS 1 A |
| Directions/Cross Streets: | Easy Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Designated |
| Building Percentage: | T |
| Total Area: | 17048.00 |
| Total Area Code: | Square Feet |
| Financial Statement: | F |
| Chattels: | F |
| Washrooms: | 1 |
| Heat Type: | Radiant |
| Sewers: | Sanitary Availa |
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| STREETCITY REALTY INC. |
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Sarah Saberi
Sales Representative
Dir:
416-890-7990
Bus:
905-731-2000
Fax:
905-886-7556
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Land |
| Area: | Middlesex |
| Municipality: | London South |
| Neighbourhood: | South R |
| Tax: | $5,588 |
| Baths: | 1 |
| Fireplace: | N |
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