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For saleMLS® X14032038

566 Southdale Road E

London, N6E 1A6

$1,399,900

Bedrooms
2
Bathrooms
1
Interior
700-1,100 ft²
Lot
106.51 × 162.12 ft
Type
Detached

About this home

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 details

Property type
Detached
Ownership
Freehold
Style
Bungalow
Property taxes
$5,588 (2025)
Heating
Radiant
Basement
Development Potential, Unfinished
Parking
6 spaces, detached garage
Sewer
Sewer
Lot
106.51 × 162.12 ft lot
Time on market
19 days on market

Features

Inside

  • Water Heater Owned
  • Workbench

Outside

  • Aluminum Siding
  • Asphalt Shingle roof

Rooms

Measurements are deemed reliable but not guaranteed.

BedroomMain11' 5" × 7' 10"
Primary BedroomMain11' 5" × 11' 3"
Dining RoomMain8' × 9' 3"
KitchenMain9' 7" × 11' 4"
Living RoomMain11' 2" × 17' 5"
SunroomMain9' 4" × 13'
LaundryBasement9' × 11' 6"
RecreationBasement18' 4" × 12' 3"
BathroomMain4 Pc Bath

Location

Thinking about the area? Read my guide to White Oaks.

Estimate your payment

20% down. The minimum on this price is $114,990.

Your monthly payment

$6,198

Mortgage amount
$1,119,920
Interest over the amortization
$739,616

An estimate at a fixed rate compounded twice a year, with default insurance under 20% down. Your lender sets the real numbers, and I am happy to put you in touch with a mortgage professional.

Listing brokerage: RIGHT AT HOME REALTY.

Listing courtesy of the London and St. Thomas Association of REALTORS. MLS® X14032038.

Measurements are deemed reliable but not guaranteed.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing data provided under copyright by the London and St. Thomas Association of REALTORS and other participating boards via PropTx Amplify Syndication. Information is deemed reliable but not guaranteed accurate.

Allan Congo is a Sales Representative with Century 21 First Canadian Corp., Brokerage. Each office independently owned and operated.

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