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$ 1,699,900
Est. payment /mo
New
566 Southdale RD E London South, ON N6E 1A6
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 700-1100
Subdivision South R
MLS Listing ID X12691706
Style Bungalow
Bedrooms 2
Annual Tax Amount $5,588
Tax Year 2025
Property Sub-Type Detached
Property 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.
Location
Province ON
County Middlesex
Area Middlesex
Rooms
Family Room Yes
Basement Development Potential, Unfinished
Kitchen 1
Interior
Interior Features Water Heater Owned, Workbench
Cooling None
Fireplace No
Heat Source Other
Exterior
Parking Features Private Double
Garage Spaces 2.0
Pool None
Roof Type Asphalt Shingle
Lot Frontage 106.51
Lot Depth 162.12
Total Parking Spaces 6
Building
Foundation Block
Others
ParcelsYN Yes
Listed by STREETCITY REALTY INC.
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